Trump directs Treasury to stop minting new pennies, citing cost
CBSN
President Trump says he has directed the Treasury Department to stop minting new pennies, citing the rising cost of producing the one-cent coin.
"For far too long the United States has minted pennies which literally cost us more than 2 cents. This is so wasteful!" Mr. Trump wrote in a post Sunday night on his Truth Social site. "I have instructed my Secretary of the US Treasury to stop producing new pennies."
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