It is unclear whether President Trump has the power to unilaterally eliminate the one-cent coin. Currency specifications — including the size and metal content of coins — are dictated by Congress.

The Treasury Department said it placed its final order for penny blanks this month as the U.S. moves to end production of the 1-cent coin.

The U.S. Mint has made its final order of penny blanks and plans to stop producing the coin when those run out, a Treasury Department official confirmed Thursday. An immediate annual savings of $56 ...

On November 12, 2025, at the United States Mint’s facility in Philadelphia, U.S. Treasurer Brandon Beach stamped what will go down in history as the last circulating penny ever produced in America.

Months after the last of the United States' 1-cent coins were pressed, some states are beginning to offer their own 2 cents on the penny problem by setting rounding guidance for cash purchases.