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ABC News on MSN · 2d

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.

USA TODAY on MSN · 2d

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 — marking the first step to end the production of the one-cent coin, a spokesperson for the U.S. Department of the Treasury confirmed to USA TODAY.

People on MSN · 1d

Treasury Department Officially Discontinues Pennies Starting in 2026. What Happens When There Are No New Pennies?

The Treasury just placed its final order of penny blanks, all of which are expected to be minted by early 2026. Eliminating the penny has been a bipartisan issue for years, as each coin costs nearly f

1d

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 ...

2d

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.

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