Congress Votes to End Penny Production After 234 Years

Congress Votes to End Penny Production After 234 Years

The Senate passed the Common Cents Act by voice vote, formally ending penny production after 234 years and sending the bill to President Donald Trump, who is expected to sign it. The Mint stopped making pennies in 2025; each costs nearly 4 cents, and halting production saves about $56 million annually. Pennies remain legal tender, with stores allowed to round cash transactions to the nearest 5 cents.

Source: AP News

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