Treasury Department directed to stop minting new pennies
President Donald Trump says he has directed the Treasury Department to stop minting new pennies, citing the cost of producing ...
NBC Connecticut
Trump says he has directed US Treasury to stop minting new pennies, citing rising cost
President Donald Trump says he has directed the Treasury Department to stop minting new pennies, citing the rising cost of producing the one-cent coin. “For far too long the United States has minted ...
The Treasury unveils its plan to kill the penny
The US Treasury is phasing out production of the penny and will soon stop putting new one-cent coins into circulation, the department said in a statement Thursday.
NBC Connecticut
Stop making cents: U.S. 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, a Treasury Department official confirmed Thursday. An immediate annual savings of $56 ...