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The Treasury Department is phasing ... follows Trump’s directive in early February that ordered Treasury Secretary Scott Bessent to end penny production, arguing that the cost to create a ...
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Money Talks News on MSNU.S. Government to Phase Out Penny by Early 2026The U.S. Treasury Department will stop penny production by early 2026 after more than two centuries. Businesses will soon ...
When is the penny going away, and why? The Treasury Department’s pledge to stop minting new pennies by early 2026 comes after ... post to stop his agency’s production of the coins, saying ...
The Treasury just placed its final order of penny blanks, all of which are expected to be minted by early 2026. Eliminating ... with the Treasury Department placing its final order of penny ...
The US Treasury Department has officially confirmed it will end production of the penny coin by early 2026, marking a significant shift in American currency policy after years of debate over the ...
However, pennies will still be around. In the past, the U.S. has stopped minting certain coins, yet they have remained legal tender. For example, the two-cent coin, which was last minted for ...
The U.S. government is phasing out production ... The Treasury made its final order of blank pennies this month and will stop putting one-cent coins into circulation by early 2026.
The Treasury Department ... penny when that runs out, a Treasury official told CBS MoneyWatch. The blanks — flat, metal discs that the Mint turns into coins — will run out in early 2026 ...
The department ... to stop putting new pennies into circulation by early 2026. President Donald Trump in February directed Treasury Secretary Scott Bessent to cease production of the coin.
The one-cent coins are expected to stop entering circulation early next year. Businesses will need to round prices up or down ...
Treasury plans to phase out production ... department placed its final order for blank pennies in May, it said in a statement. It expects to stop putting new pennies into circulation by early 2026.
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