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U.S. Faces Penny Shortage as Production Halts

10/31/2025

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Summary

Story summary

The United States faces a penny shortage after the administration of President Donald Trump halted penny production earlier this year.
Merchants and banks report difficulties providing exact change, and the shortage is expected to affect holiday transactions.
The United States Department of the Treasury expects to save $56 million annually by discontinuing pennies, because pennies cost more to produce than their value.

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Story summary

The United States faces a penny shortage after the administration of President Donald Trump halted penny production earlier this year.
Merchants and banks report difficulties providing exact change, and the shortage is expected to affect holiday transactions.
The United States Department of the Treasury expects to save $56 million annually by discontinuing pennies, because pennies cost more to produce than their value.