Fast Company/4h ago
The penny is making a comeback. Just don’t try to spend it
The penny is making a comeback. Just don’t try to spend it. The last pennies for general circulation were minted last year , but a newly passed bipartisan bill to formally sunset the 1-cent coin includes a single clause that keeps the penny alive, even if it’s just as a collectible. On September 28, the Senate voted to pass the Common Cents Act by unanimous consent, and the bill now heads to President Donald Trump’s desk. The legislation formally asks the Treasury secretary to cease minting pennies and sets rules for price rounding: In any transaction where exact change cannot.