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Trump Orders Treasury to Halt Minting New Pennies to Cut Waste

Pelican Press

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Trump Orders Treasury to Halt Minting New Pennies to Cut Waste

President Trump said on Sunday night that he had ordered the Treasury secretary to stop producing new pennies, a move that he said would help reduce unnecessary government spending.

“Let’s rip the waste out of our great nations budget, even if it’s a penny at a time,” he said in a post on Truth Social. He characterized the production of pennies, which “literally cost us more than 2 cents” each, as wasteful.

This is a developing story. Please check here for updates.



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