September 29, 2026
Today, following Congress’ passage of her Common Cents Act with Senators Cynthia Lummis (R-WY), James Lankford (R-OK), and Ron Wyden (D-OR), U.S. Senator Kirsten Gillibrand released the following statement:
“Halting production of the penny just makes sense. It currently costs the U.S. Mint nearly four cents to produce a single penny – a massive waste of taxpayer dollars. By suspending the penny’s production, we can cut back on costs, streamline transactions, and move toward a more practical financial system. I am grateful to Senators Lummis, Lankford, and Wyden for their partnership in getting this bill through the Senate, and I now urge the president to sign it into law.”
