The lack of small change is creating big headaches for restaurants, which are asking the Federal Reserve and U.S. Treasury to ...
Utica Observer Dispatch on MSN
U.S. Mints stop producing pennies. What to know.
As of Nov. 12, 2025, the U.S. Mint has stopped penny production, making all thoughts cost a nickel each.
The decision comes nearly nine months after President Donald Trump ordered the Treasury Department to stop production of the 1-cent coin The U.S. Mint has reported that the unit cost for the coin has ...
President Donald Trump said he has instructed the US Treasury Secretary to stop minting new pennies, citing the coin's cost of production. The U.S. president said in a Truth Social post that the cost ...
Treasury Secretary Scott Bessent struck the final five pennies on Wednesday — each bearing a rare omega mark — ending U.S. penny production and creating collectors' items that could fetch millions at ...
The U.S. Mint has halted production of the circulating penny after the Treasury Department concluded new one-cent coins are no longer needed, even as existing pennies remain legal tender and will stay ...
The Philadelphia Mint has officially pressed its final batch of pennies, marking the end of an era in U.S. coin production.
As of Nov. 12, 2025, the U.S. Mint has stopped penny production, making all thoughts cost a nickel each. Here's a look at what happened. President Donald Trump ordered the Treasury Department to stop ...