US Mint Moves Forward With Plans to Kill Penny
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The Mint projects an immediate annual savings of $56 million in reduced material costs from stopping penny production, and additional savings will be achieved as facility usage is adjusted, the Treasury said.
The US Mint has made its final order of penny blanks and plans to stop producing the coin when those run out, a Treasury Department official
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 confirmed to USA TODAY.
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The Treasury Department placed its last order for penny blanks earlier this month, fulfilling a bipartisan, and DOGE, dream.
The U.S. government is no longer going to mint pennies, and soon cash retail transactions will be rounded to the nearest nickel. What, exactly, does a single penny buy you these days? We took a drive around town to find out.
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 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 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 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. Corey O'Connor's victory is a crushing blow to Mayor Ed Gainey and his progressive backers who swept him into office four years ago as the city's first Black mayor. KDKA-TV's Andy Sheehan looks at reasons for the mayor's defeat in a race that drew national attention and money. We're just a few days away from what's usually considered a huge weekend for car sales. But with impending tariffs and low supply, should consumers wait? Boaz was live with a Memorial Day preview honoring those we should never forget. He checked out a moving tribute to Pennsylvania's fallen heroes.