Treasury Department to halt penny production after centuries in circulation
The Treasury is phasing out production of the penny, a coin that has been in circulation for centuries, in a move that is expected to save $56 million each year.
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No more pennies: In big change, Treasury will stop minting them
The Trump administration hopes to save big bucks by phasing out the penny. The Treasury Department has placed its last order for blank pennies and plans to stop minting the 1-cent coins as soon as ...
Goodbye, Penny: What the End of the Coin’s Production Means for Customers and Businesses
The penny has died. At the age of 232, the iconic coin’s final batch was minted in Philadelphia on Wednesday. But while the ...
Arizona may have a new plan for change after Trump ended penny minting
With penny minting ended, Arizona lawmakers will send a bipartisan bill to Gov. Katie Hobbs supporting a new rounding system for cash transactions.
Post Independent Citizen Telegram
Retailers and bankers in Colorado’s mountain towns adjust to life without new pennies
Two months after the suspension of penny production in the U.S., retailers and bankers across Colorado are still navigating the decision. Even as federal guidance remains scarce, many say the change ...
Tallahassee Democrat
Amid penny pullback, Floridians could see totals rounded to nickels
The Florida Senate is advancing a bill to manage cash transactions after the U.S. Treasury stopped minting pennies. The proposed legislation would require retailers to round cash totals to the nearest ...