✉news WorldUS Politics first seen 8 h ago, last 8 h ago, peak #35
Congress officially ends the penny
Original: Congress officially ends the penny: Here’s what it means
Congress has officially moved to end the US penny, retiring the one-cent coin from circulation. The move ends more than two centuries of penny production, which in recent years has cost more to mint than the coin was worth. Coverage is focused on what the change means for consumers, cash transactions and prices, including how cash payments will be rounded once pennies disappear.
Why now: The end of a familiar everyday currency affects consumers' cash transactions and rounding of prices, prompting wide public interest.
US Congressthe pennyUS Treasury
Evidence
- Congress officially ends the penny: Here’s what it means · ConsumerAffairs
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