In 2017, Sens. John McCain of Arizona and John Enzi of Wyoming attempted to pause the penny’s production for 10 years. In 2013, then-President Barack Obama tried to retire the penny.

When is the penny going away, and why? The Treasury Department’s pledge to stop minting new pennies by early 2026 comes after President Donald Trump directed Secretary Scott Bessent in a ...

After 233 years of production, the U.S. Treasury Department announced that the production of the penny will come to an end, and soon, the only ones available will be pennies currently in circulation.

Just because the U.S. is halting penny production doesn’t mean your jar of copper coins is worthless. Pennies will remain legal tender, so you’ve got several options for putting them to good use: ...

The timing, the body language, Penny’s reaction, it all felt weirdly natural. And that’s what made it so mind-blowing, you didn’t see it coming. But once it happened, it was hard to unsee.

After 233 years of production, the U.S. Treasury Department announced that the production of the penny will come to an end, and soon, the only ones available will be pennies currently in circulation.

In 2013, I wrote a Forbes column that became one of my most-read and most-cited, “Don’t You Dare Eliminate the Penny.” In it I considered the views of elite opinionators who wanted the ...

The penny’s run is coming to an end. First minted in 1792, it has been in circulation constantly. It wll be sunseted next year. Afterward, things that cost a penny must “round up” or ...

The U.S. Mint has made its final order of penny blanks and plans to stop producing the coin when those run out. FILE – Freshly-made pennies sit in a bin at the U.S. Mint in Denver on Aug. 15, 2007.

WASHINGTON (AP) — The Trump administration says making cents doesn't make sense anymore. The U.S. Mint has made its final order of penny blanks and plans to stop producing the coin when those ...