News

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 ...
Treasury Department Officially Discontinues Pennies Starting in 2026. What Happens When There Are No New Pennies?
The U.S. Treasury Department has taken a large step toward officially eliminating the one-cent coin, ordering its final batch ...
See a penny, pick it up? In the future, probably not as often — and, some say, that matters
Could it now cost you a nickel? If you want to call somebody stingy, would you say they’re a quarter-pincher? And if they ...
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 ...
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 ...
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.
The Trump Administration Will Pull the Plug on the Penny
“For far too long the United States has minted pennies which literally cost us more than 2 cents. This is so wasteful!” Trump ...
End of the Penny Grows Near
The cost of producing a penny has skyrocketed in recent years, reaching 3.69 cents, according to the Treasury Department.