US House Votes to End Penny Production Permanently

The U.S. House of Representatives has voted to permanently halt production of the penny, the one-cent coin that has been in circulation for over a century. The measure, which passed with bipartisan support, would stop the minting of new pennies and phase out the coin from everyday transactions. Proponents argue that the penny costs more to produce than it is worth and has become obsolete in modern commerce. The bill now moves to the Senate for consideration.