US ends penny-making run after more than 230 years
NOV 12 - The US is set to make its final penny. The Philadelphia Mint will strike its last batch of one-cent coins on Thursday, after more than 230 years Kenya breaking news | Kenya news today |..
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The United States is ceasing production of the penny after more than 230 years, with the final batch to be struck by the Philadelphia Mint on Thursday. This decision aims to save money, despite the coins remaining in circulation.
- Pennies currently cost nearly four cents each to produce, more than double the cost a decade ago, saving an estimated $56 million annually.
- President Donald Trump announced the plan in February, citing the need to "Rip the waste out of our great nation’s budget."
- Approximately 300 billion pennies will remain in circulation, with a 2022 government analysis finding that about 60% of all circulating coins are stashed in homes.
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US Government Ends Penny Production, Halts Shutdown, and Revokes Immigrant Driver's Licenses - November 2025
The United States is ceasing production of the penny after more than 230 years, with the final batch to be struck by the Philadelphia Mint to save money. In another government action, President Donald Trump signed a spending bill to reopen the US government, ending the longest shutdown in US history. The shutdown lasted 43 days, leading to suspended services and unpaid federal employees. Separately, the state of California is revoking 17,000 commercial driver’s licenses issued to immigrants. An audit revealed their holders are no longer legally permitted in the US. The Department of Transportation deemed the licenses “illegally issued” because they had incorrect expiration dates.
