The Treasury unveils its plan to kill the penny

U.S. to Stop Making Pennies, Congress Eyes Laws - The Southern Maryland Chronicle

WASHINGTON — The U.S. Mint will cease production of the penny once its final order of penny blanks is depleted, a Treasury Department official confirmed on May 22, 2025. The decision, driven by a 20% increase in production costs in 2024, is expected to save $56 million annually in material expenses. The official, not authorized to speak publicly, provided details on condition of anonymity.In February, President Donald Trump ordered the Treasury …

The Penny is Dead – The U.S. Treasury Announced it Will Officially Stop Manufacturing The Penny in 2026

Newsweek – The U.S. Treasury Department has announced that it plans to stop manufacturing the penny, the smallest value coin in the United States, after more than two centuries in circulation.The depa...

In the USA no more pennies will be put into circulation from 2026. Does the small copper money also threaten the Aus in Germany? Which hurdles still exist.

The penny will be phased out by 2026—Here's what it means for Americans

The Treasury Department will stop producing pennies, which have become increasingly costly to produce.

US Treasury Confirms the Mint Will Discontinue Production of Pennies by Early Next Year

The United States Mint has placed its final order for penny blanks and will cease production of the coin once this last batch is completed, the Treasury Department confirmed on Thursday. Currently, it costs approximately 3.69 cents to make a single penny. President Donald Trump announced in February that he was ordering his administration to end production of the coin, citing government waste. “For far too long the United States has minted penni…

Treasury Department To Phase Out Penny

Source: taviox / Getty The U.S. Treasury Department has announced plans to end production of the penny, signaling the end of one of the nation’s oldest coins. A Treasury official confirmed to CBS MoneyWatch that the department placed its final order for penny blanks, the metal discs used to make coins, earlier this month. Once those run out, likely in early 2026, the U.S. Mint will cease minting new pennies, as first reported by The Wall Street …