It sounds like nickels might be on the chopping block as well.
It is interesting that Congressional approval is needed to ban the coins as legal tender but the President has the authority to stop making new ones.
Stopping new ones saves .gov money so it sounds good to me.
We are broke after all.
Or, find cheaper material to make them out of.
Just another step in getting rid of cash and moving us into a cashless society where they can track everything.