News

Stop making cents: US Mint moves forward with plans to kill the penny
The U.S. Mint has made its final order of penny blanks and plans to stop producing the coin, a Treasury Department official ...
The Treasury unveils its plan to kill the penny
The US Treasury is phasing out production of the penny and will soon stop putting new one-cent coins into circulation, the ...
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 Department Places Final Order for New Pennies
The Washington Post reported that the Treasury placed its final order for blanks this month with expectations that it will ...
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 ...
US Treasury unveils plan to end production of penny coin
The federal government is winding down production of the penny coin following a bipartisan effort to nix the ...
Tepid demand for US Treasury auction shows investor jitters about tax bill, deficit
The U.S. Treasury Department saw soft demand for a $16 billion sale of 20-year bonds on Wednesday with investors worried ...
Treasury Department sanctions Mexican drug trafficking group members
The Treasury Department has sanctioned two high-ranking members of the Mexican drug trafficking group Cartel del Noreste (CDN ...
US sanctions two members of a Mexican drug trafficking group known as the Northeast Cartel
The United States has imposed sanctions on two members of the Mexican drug trafficking organization Cartel del Noreste, the ...
Foreign holdings of US Treasuries top $9 trillion in March, data shows
Foreign holdings of U.S. Treasuries soared to a record high in March, data from the Treasury Department showed on Friday, ...
Change is coming for the penny as Treasury Department makes final order of the coin
The federal government made its final order of penny blanks this month — marking the first step to end the production of the one-cent coin, a spokesperson for the U.S. Department of the Treasury ...
Treasury Department to phase out the penny after Trump says the coin no longer makes 'cents'
The United States wouldn't be the first country to eliminate the coin, Turco said. Canada, for example, decided to phase out its penny in 2012. In the U.S., the Department of Defense stopped using ...