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The U.S. Will Cease Penny Production Next Year

The home reservoir where many people stash bottles, cups, and various containers could see a shift in utility once the US Treasury halts production of pennies next year. The Treasury has confirmed it issued a final order for penny blanks. This decision was first reported by the Wall Street Journal earlier this week. Pennies, which […]

US Mint advances plan to eliminate the penny

U.S. Mint to Cease Penny Production Washington – The U.S. Mint has issued a final order for penny blanks and will stop coin production once they are depleted, Treasury officials confirmed on Thursday. This decision is influenced by the rising costs of penny production projected for 2024. Halting penny production is expected to save the […]

U.S. Mint makes last order to stop penny production after Trump’s directive

The US Mint has announced it will place its final order for Penny Blanks, signaling a complete halt to penny production by early next year. This decision follows remarks made by President Donald Trump in February, where he directed the Mint to stop producing pennies due to their rising production costs. He stated, “Let’s tear […]

The US is stopping penny production: What will the effects be on you?

Get ready to stash those coins: The US might be looking to phase out the penny. According to reports, the US Treasury Department plans to halt the circulation of new 1-cent coins by early next year. This could change how we handle everyday transactions. This month, the Treasury finalized an order for Penny Blanks, which […]

Stop wasting money: US Mint advances plans to eliminate the penny

Penny Production Halted by Treasury Department WASHINGTON — The Trump administration has declared that continuing to produce pennies is no longer viable. The US Mint has been instructed to stop manufacturing pennies, as confirmed by Treasury officials on Thursday. This decision comes after production costs surged in 2024. By ceasing penny production, the Treasury aims […]

Mint plans to discontinue penny production following last order

Everything seems to be getting less valuable. The US Mint has announced a final order for penny blanks and will cease coin production by early next year. This move follows President Trump’s directive in February to stop producing pennies due to their rising manufacturing costs. “Let’s cut waste from the budgets of our great nation, […]

US Treasury announces the discontinuation of the penny

Treasury to End Production of One-Cent Coin Starting next year, the Treasury will cease production of the one-cent coin, commonly referred to as the penny. This marks the decline of a coin that has been in circulation for more than two hundred years. Earlier this year, President Donald Trump directed the Treasury Department to halt […]

The US is stopping penny production: What effect will it have on you?

US is ending penny production: How will you be impacted?

(Nexstar) – If you’ve got a coin wallet handy, you might not need it for much longer. The US Treasury Department is reportedly getting ready to halt the production of new 1-cent coins by early next year. The Wall Street Journal noted that this change could affect how we pay for things. This month, the […]