pennies

Economy
National

No more pennies: In big change, Treasury will stop minting them

11:51am May 22, 2025

In a cost-cutting move, the U.S. Treasury will stop minting new pennies. Originally introduced in 1793, the one-cent coins will still be legal tender. There are more than 100 billion pennies in circulation.

President Trump Orders Department Of Treasury To Stop Minting New Pennies

National
Economy

Are pennies worth it? Trump's plan to scrap them didn't come out of nowhere

1:17pm February 10, 2025

President Trump isn't the first politician to call for the end of the penny — but getting rid of it may not be easy. The value of the 1-cent coin has been debated for decades.

Queue Listen Now

It actually costs more than a penny to make a penny.

National
Economy

Critics Wonder Whether Pennies Make Sense Anymore

8:04am November 26, 2015

by Chris Arnold

Treasury Secretary Jack Lew says the government is reviewing a proposal to stop making the penny. It actually costs nearly 2 cents to make a penny, so the government loses money.

Queue Listen Now