Tag

Penny Phaseout

All articles tagged with #penny phaseout

Common Cents Act Reaches Trump’s Desk After Bipartisan Passage
politics8 hours ago

Common Cents Act Reaches Trump’s Desk After Bipartisan Passage

The U.S. Senate passed the Common Cents Act by unanimous consent on September 29, sending the bill to President Donald Trump for signature. The legislation formally ends penny production, mandates cash rounding to the nearest nickel, and authorizes cheaper zinc in nickel manufacturing. The House had approved the measure on September 14, with projected annual savings of $56 million.