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The U.S. Treasury Department will stop making new pennies, according to a statement on Thursday. The Wall Street Journal ...
The U.S. Mint has made its final order of penny blanks and plans to stop producing the coin when those run out.
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 ...
The Treasury Department said it placed its final order for penny blanks this month as the U.S. moves to end production of the ...
It's been more than 230 years since the United States first produced the pennies that have been in circulation ever since.
The U.S. Mint has made its final order of penny blanks and plans to stop producing the coin when those run out, a Treasury ...
The Treasury Department said it placed its final order for penny blanks this month as the U.S. moves to end production of the 1-cent coin.
The cost of producing a single penny has already skyrocketed to about 4 cents, while consumers have mostly shifted to digital ...
The Mint projects an immediate annual savings of $56 million in reduced material costs from stopping penny production, and ...
President Donald Trump has also pushed the Treasury Department to stop minting new pennies. “For far too long the United States has minted pennies which literally cost us more than 2 cents. This is so ...
Eliminating the penny is expected to save $56 million a year, according to the Treasury spokesperson. “There are about 114 ...