News

Treasury Department to phase out the penny after Trump says the coin no longer makes 'cents'
The United States wouldn't be the first country to eliminate the coin, Turco said. Canada, for example, decided to phase out ...
The U.S. Treasury is ending penny production. Here's what to know:
After over 200 years, the United States government plans to stop making new pennies, the Treasury Department told the Wall ...
U.S. Treasury announces end of penny production
The U.S. Treasury announced it's phasing out production of the one-cent coin and has made its final order of penny blanks.
See a penny, pick it up? In the future, probably not as often — and, some say, that matters
Holt points to traditions of putting pennies in loafers, of rhymes like “See a penny, pick it up, all the day you’ll have ...
Bessent claims America can ‘retool’ nickel as Treasury pledges to end penny production
The push to eliminate penny production has received support from lawmakers on both sides of the political aisle.
US is ending penny production: How will you be impacted?
Per the latest U.S. Mint report, it costs less than six cents to make a dime ($0.0576). To make a quarter, it costs about 15 ...
Will famous penny sayings outlast the coin itself?
The Treasury Department said it plans to stop manufacturing the penny, calling time on one of the first coins minted by the U ...
The Penny Will Be Phased Out by 2026—Here's What It Means for Americans
There is currently no official plan to recall pennies, and financial institutions are expected to continue accepting them. While pennies will remain legal tender, they will gradually disappear from ...