BREAKING: The US will stop putting new pennies into circulation by early next year.
Businesses will need to start rounding up or down to the nearest 5 cents, the US Treasury said in a statement.
A penny currently costs 4 cents to make.
Cutting production is set to save… pic.twitter.com/o7iVAJepOo
— The Kobeissi Letter (@KobeissiLetter) May 22, 2025