The U.S. Treasury Department is officially saying goodbye to the penny, following a February 2025 directive from President Trump. The federal agency placed its final order for penny blanks in May 2025, signaling the end of an era for one of America’s oldest coins. Production of the humble one-cent piece is expected to cease when these final materials run out in early 2026.
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Federal Reserve Chairman Jerome Powell speaks at Jackson Hole on Aug. 22, 2025 in Wyoming.David A. Grogan | CNBCThe Federal...
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