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The United States Treasury has put in its final order of pennies, and production is expected to end early next year. Here's what you should know.

In February, Trump instructed the Treasury Department to stop minting the low-value coins. “For far too long the United States has minted pennies which literally cost us more than 2 cents.

The Treasury is phasing out production of the penny, a coin that has been in circulation for centuries, in a move that is expected to save $56 million each year.

The U.S. Treasury Department this month ordered its final shipment of blanks used to make pennies, a spokesperson said on Thursday. The U.S. Mint will continue manufacturing pennies until the ...

The US Treasury is phasing out production of the penny and will soon stop putting new one-cent coins into circulation, the department said in a statement Thursday.

Treasury to phase out penny after Trump says coin no longer makes 'cents' The cost of making a penny has risen to more than twice the coin's face value.

President Donald Trump said in February that he instructed the Treasury Department to stop minting pennies.