The penny's story began in 1792 with the Coinage Act that created the U.S. Mint and established America's decimal currency ...
In February, President Trump ordered the Treasury Department to stop minting pennies because the government was losing money ...
After more than 230 years of steady service, the humble one-cent piece has retired — for now. The U.S. Mint pressed its final circulating penny earlier in November. While the penny remains legal ...
PHILADELPHIA (AP) — The U.S. Mint on Wednesday ended production of the penny, a change made to save money and because the 1-cent coin that could once buy a snack or a piece of candy had become ...
That grimy, circular piece of copper and zinc known as the penny is no longer being produced, but the tiny coin is still getting the last laugh. Less than a month after the last one was minted on Nov.
EMAIL TO NOT PERFORM ANY WORK RELATED TASKS. THE BUREAU HAS NOT COMMENTED ON THE CHANGES.### PRESIDENT TRUMP SAYS HE HAS DIRECTED THE TREASURY DEPARTMENT TO STOP MINTING NEW PENNIES. THE PRESIDENT ...
The reasons cited for the decision earlier this year to stop minting pennies after 232 years were both financial and practical. Decades of rising prices had shrunk the purchasing power of the cent to ...