BREAKING: Trump Ends 233-Year Tradition, Orders Halt on Penny Production Due to Soaring Costs
2025-02-10
USA TODAY
In a shocking move, President Trump has announced plans to discontinue the production of pennies, citing high production costs and limited value. This decision marks the end of a 233-year tradition, as the penny was one of the first coins minted in the United States. The move is expected to save the Treasury Department significant funds, and may pave the way for a more efficient and cost-effective currency system, with potential impacts on inflation and the US economy, including digital payment systems and coin circulation.