US to mint its last penny as Treasury halts production after more than 230 years

It’s the end of an era for America’s smallest coin. Treasury Secretary Scott Bessent will strike the nation’s final penny in a ceremonial minting on Wednesday, marking the official end of penny production.The penny has been part of the U.S. currency since the very beginning. It was first authorized under the Coinage Act of 1792.HOW TRUMP MIGHT GET RID OF THE PENNY — AND WHAT COULD COME NEXT FOR YOUR POCKET CHANGEFor more than 230 years, the penny has circulated through American piggy banks and cash registers. But rising production costs – each penny now costs nearly 4 cents to make – and shift