SNAP-authorized stores risk violating federal law when they round to the nearest nickel for cash-paying consumers, industry ...
The U.S. Mint will cease penny production in May 2025 as a cost-cutting measure ordered by President Trump, and it won't circulate new pennies starting in 2026. Pennies will remain legal tender and ...
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U.S. Treasury to Stop Penny Production
At President Donald Trump’s behest, the U.S. is abandoning its cents. We’re talking about pennies, of course: The Treasury Department has announced that it will stop producing the copper-colored coins ...
A lot of Americans would be happy to see pennies eliminated. But the U.S. Mint now prohibits melting them down. It turns out that the metal in both pennies and nickels is worth more than the coin ...
It will soon be time to say goodbye — at least in part — to the penny. The U.S. Treasury Department announced it will phase out production of the 1-cent coin beginning in early 2026 to comply with a ...
After President Donald Trump ordered the Treasury Department to wind down the production of pennies, Congress introduced a bipartisan bill to discontinue the one-cent coin. Dubbed the Common Cents Act ...
Kwik Trip will be rounding down its prices to accommodate for the end of penny production. The La Crosse-based company announced Oct. 2 it will be rounding down all cash purchases to the nearest five ...
The pennies sitting in your jar, piggy bank or on the counter can add up. However, those pennies will eventually be a thing of the past. Starting in 2026, the U.S. Treasury will no longer produce ...
The humble penny is on its way out, and that has us feeling a little nostalgic. When the federal government made its final order of penny blanks in May, it was the first step to end the production of ...
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