MINT Act of 2025
Summary
H.R. 4459, the Modernize and Improve our National Tender Act of 2025, would modify U.S. coin production. The bill would permit the 5-cent coin (nickel) to be made with an inner layer of zinc and an outer layer of nickel, allowing the Secretary of the Treasury to adjust the composition if it reduces production costs. Simultaneously, the bill would eliminate the production of new one-cent coins (pennies), though all pennies minted before the law's enactment would remain legal tender.
If enacted, this legislation would affect everyday commerce by potentially reducing the number of pennies in circulation over time. The changes to nickel composition could lower manufacturing costs for the U.S. Mint. The bill is currently under consideration by the House Committee on Financial Services and has not yet been voted on by the full chamber.
AI-generated summary