President Donald Trump has ordered the United States Treasury to “stop producing new pennies” in an effort to eliminate waste as the cost of making new pennies is now greater than the value of the coins. In a post on Truth Social during the Super Bowl on Sunday, Trump wrote, “For far too long the …
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President Donald Trump has ordered the United States Treasury to “stop producing new pennies” in an effort to eliminate waste as the cost of making new pennies is now greater than the value of the coins.
In a post on Truth Social during the Super Bowl on Sunday, Trump wrote, “For far too long the United States has minted pennies which literally cost us more than 2 cents. This is so wasteful! I have instructed my Secretary of the US Treasury to stop producing new pennies. Let’s rip the waste out of our great nations budget, even if it’s a penny at a time.”
