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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.
U.S. Mint moves forward with plans to kill the penny
An immediate annual saving of $56 million in reduced material costs is expected by stopping penny production, according to a ...
US Mint places final order to kill penny production as part of Trump’s order to ‘rip the waste’ out of budget
The US Mint has placed its final order of penny blanks and will stop producing the coin when those run out by early next year.
US Mint has made its final order of penny blanks, will stop producing the coin when those run out
Fans of the penny cite its usefulness in charity drives and relative bargain in production costs compared with the nickel.
USA Today3d
Change is coming for the penny as Treasury Department makes final order of the coin
"The United States Mint will continue to manufacture pennies while an inventory of penny blanks exists," the spokesperson said. The agency did not specify how long the inventory was expected to ...
Benzinga on MSN1d
U.S. Mint to End Penny Production Under Trump’s Cost-Cutting Directive
The U.S. Treasury Department confirmed Thursday it will phase out production of the penny, fulfilling Trump’s directive to ...
WXII 12 NEWS2d
U.S. Mint to stop producing pennies
IT REMAINS UNCLEAR WHETHER PRESIDENT DONALD TRUMP ALONE HAS THE AUTHORITY TO HALT A PENNY PRODUCTION. CONGRESS OVERSEES THE U.S. MINT, WHICH IS RESPONSIBLE FOR COIN PRODUCTION. THE DATA TEAM ALSO ...