Trump makes most bipartisan move yet by ending the penny
President Donald Trump may have just achieved his most bipartisan move yet Wednesday: finally putting an end to the minting of pennies.
Since 1793, a year after Congress passed the Coinage Act, the U.S. mint has produced the 1-cent penny. But a lot has changed since then, and in 2025, it has actually become too costly for the federal government to make pennies that Americans rarely use.
On Wednesday, the U.S. Mint in Philadelphia produced the final one.
“God bless America, and we’re going to save the taxpayers $56 million,” U.S. Treasurer Brandon Beach said before minting the very last one.
The push to end penny production long had bipartisan support. In 2013, then-President Barack Obama called it a “good metaphor for some of the larger problems.”
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