Trump Orders Penny Minting Halt: Constitutional Concerns Raised
President Trump announced on Truth Social his directive to halt the production of new pennies, citing the minting cost exceeding the coin’s value. This decision aligns with the administration’s broader cost-cutting agenda, aiming to eliminate wasteful government spending. The President claims the cost of producing each penny is over two cents. The order was issued to the Treasury Secretary, effectively ending the minting of new one-cent coins.
John Q. Hosedrinker