News

Is the penny discontinued in the United States? What to know about the big change in RI
A spokesperson for the Treasury Department confirmed to USA TODAY that the government recently made its final order of penny ...
How much does it cost to make a penny? Treasury Department makes final order of the coin
The federal government made its final order of penny blanks in May − the first step to end the production of the 1-cent coin, ...
US Treasury confirms the end of the penny
"Confirming the WSJ story, the Treasury has made its final order of penny blanks this month and the United States Mint will ...
Treasury and dollar slides reignite 'Sell America' fears. But there's still a buying opportunity in one corner of US debt.
US Treasury yields have risen while the dollar has fallen in an unusual divergence some call the "Sell America" trade.
Treasury Department set to phase out the penny
The Treasury Department said it placed its final order for penny blanks this month as the U.S. moves to end production of the ...
Citi’s Burke Nominated for Key US Treasury Job on Sanctions
Jonathan Burke, a Citigroup Inc. managing director, was nominated for one of the top US Treasury Department jobs involved in ...
Say Goodbye To The Penny, The US Treasury Announces Plans To Phase Out The Coin
The US Treasury will stop putting new pennies into circulation at the beginning of 2026, it was announced on Thursday Pennies ...
US Mint places final order to kill penny production as part of Trump’s order to ‘rip the waste’ out of budget
The US Mint has placed its final order of penny blanks and will stop producing the coin when those run out by early next year ...
Treasury Cuts Size of Bill Sales as Debt-Cap Pressures Bite
The US Treasury Department cut the size of its four- and eight-week bill auctions, the beginning of what’s likely to be a ...
Treasury Department to phase out the penny after Trump says the coin no longer makes 'cents'
The U.S. Treasury Department says it will phase out production of new pennies early next year after President Donald Trump ...
Treasury Secretary Scott Bessent reminds CBS anchor about wrong inflation prediction: ‘Numbers are the best in 4 years’
Treasury Secretary Scott Bessent took a victory lap Sunday over recent inflation numbers that show a key benchmark hitting a ...
DOGE can access sensitive Treasury payment systems, judge rules
The Trump administration’s Department of Government Efficiency can now access sensitive Treasury Department systems that ...