🪙 U.S. Mint May End Penny Production Soon — Here's What It Means for You The U.S. Mint is reportedly considering ending production of the penny, citing rising costs and inefficiency. Each 1¢ coin costs nearly 3¢ to make. If the decision moves forward, consumers may see rounding practices at registers and a shift toward digital transactions. Critics argue it will hurt low-income Americans; supporters say it's long overdue. #PennyPhaseOut #USMint #Inflation #DigitalPayments #CashlessFuture #EconNews #BETTRNews #CoinShortage #FinanceReform https://thehill.com/homenews/nexstar_media_wire/5313817-us-is-ending-penny-production-how-will-you-be-impacted/amp/