Trump aims at ‘wasteful’ spending by ordering end to penny production
From CNBC: 2025-02-10 09:29:18
President Trump met with Japan’s Prime Minister at the White House. Trump ordered a halt to new penny production to reduce government spending. Analysts predict a penny shortage if the order is upheld, potentially driving more electronic payments. It costs 3.69 cents to make a penny, exceeding its value for 19 years.
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