Change We Can Believe In? Trump Orders End to Penny Production

Former President Donald Trump has directed the US Treasury to halt production of new pennies, citing the cost of producing the one-cent coin, which exceeds two cents per coin. Trump called the production of pennies “wasteful” and instructed Treasury Secretary to stop producing new pennies.

This move is part of Trump’s effort to reduce government waste and optimize spending. The penny has been a topic of debate for years, with some arguing that it’s no longer necessary and others claiming it helps keep consumer prices lower and supports charities.

The coin was first introduced in 1793 and has undergone several design changes over the years. It’s worth noting that this decision may not be permanent, and the future of the penny remains uncertain.

However, for now, it seems that Trump is committed to reducing government waste, even if it means discontinuing the production of pennies.

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