Treasury Plan to End Penny

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U.S. Treasury Department To Stop Penny Production

US Treasury unveils plan to end production of penny coin

The federal government is winding down production of the penny coin following a bipartisan effort to nix the lowest-denomination of U.S. currency over cost concerns, according to a plan outlined by the Treasury Department on Thursday.

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The penny is going away as the U.S. treasury department announces its plan to phase out circulation

Axios on MSN · 3d

U.S. Treasury Department to end production of pennies by early 2026

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So what happens to America’s 114 billion pennies once the US stops making them?

The US Treasury Department announced Thursday that it plans to start winding down production of the one-cent coin it has been minting for more than 230 years.

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See a penny, pick it up? In the future, probably not as often — and, some say, that matters

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What could happen if US Treasury phases out pennies?

2don MSN

Stop making cents: US Mint moves forward with plans to kill the penny

The U.S. Mint has made its final order of penny blanks and plans to stop producing the coin when those run out.

Las Vegas Sun9h

Change is coming: Penny to be phased out

The U.S. last week unveiled its plan to finally phase out the lowly penny. The Treasury Department has placed its last order for the coins, which will no longer be minted, though they will continue to be legal tender[17].

What's next for the penny? The details on US decision to end penny production

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