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Message   VRSS    All   US Treasury Unveils Plan To Kill the Penny   May 22, 2025
 1:00 PM   

Feed: Slashdot
Feed Link: https://slashdot.org/
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Title: US Treasury Unveils Plan To Kill the Penny

Link: https://news.slashdot.org/story/25/05/22/1742...

An anonymous reader writes: The US Treasury is phasing out production of the
penny and will stop putting new one-cent coins into circulation. The US
Treasury has made its final order of penny blanks this month, and the mint
will continue to manufacture pennies as long as its supply of penny blanks
exist. President Donald Trump stated that production of pennies are wasteful,
as the coins cost more to produce than their one-cent value.

Read more of this story at Slashdot.

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