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penny, Treasury Department

Change is coming for the penny as Treasury Department makes final order of the coin

The federal government made its final order of penny blanks this month − the first step to end the production of the 1-cent coin, a spokesperson for the Treasury Department confirmed to USA TODAY.

ABC News on MSN · 8d

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 its penny in 2012. In the U.S., the Department of Defense stopped using pennies at its overseas bases in 1980 because it became too expensive to ship them.

Milwaukee Journal Sentinel on … · 21h

U.S. Treasury has put in its final order for pennies. Then what happens?

The United States Treasury has put in its final order of pennie s, and production is expected to end early next year. The demise stems from an order in early Februar y by President Donald Trump.

MONTCO Today on MSN1d

Philadelphia Mint, Treasury Department Announce Plan to Phase Out the Penny Starting in Early 2026

The U.S. Mint and Treasury Department have confirmed that the penny is on its last legs as the former recently made its final ...

1don MSN

Say Goodbye to Loose Change—How the End of the Penny Could Change Prices

Phyllis Resnick, Colorado Futures Center's lead economist, told Newsweek that the loss of the penny will become the "most burdensome on low-income households," pointing to their purchases of ...

Norfolk Daily News1d

How will penny’s demise affect consumers?

So what will the demise of the penny actually mean for the average U.S. citizen? Taking the penny out isn’t actually supposed ...

2don MSN

What's next for the penny? The details

Treasury Department will take pennies out of circulation next year. Costly nickels, however, could cancel out savings.

WOOD Grand Rapids on MSN2d

Local coin collector sees penny sales skyrocket as US halts production

A Rockford coin collector says his penny sales have increased tenfold since President Trump first directed the Treasury Department to stop producing the penny earlier this year.

WBOC TV4d

With Penny Production Ending, Penny Presses May Face Uncertain Future

The U.S. Treasury Department confirmed last week that penny production will cease in early 2026, and while cashless payment ...

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