Event JSON
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"https://www.pbs.org/newshour/politics/trump-orders-u-s-treasury-to-stop-minting-new-pennies-citing-rising-cost-of-producing-the-coin"
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"Trump orders U.S. Treasury to stop minting new pennies, citing rising cost of producing the coin"
],
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"1739212920"
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"Trump's decision is the latest in a series of executive orders and proclamations aimed at cutting costs and reducing waste in the federal government. The U.S. Mint reported losing $85.3 million in the 2024 fiscal year on the nearly 3.2 billion pennies it produced, with each penny costing nearly $0.037 to make. While it is unclear whether Trump has the power to unilaterally eliminate the penny, some experts suggest that the Secretary of the Treasury may be able to stop the minting of new pennies."
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"content": "nostr:nprofile1qyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqf29ke3ahfpv9h9tkwjqk3snvzmtk4fxy6mrgnpvd0j25a9wvznnqkfqx8n\nhttps://d3i6fh83elv35t.cloudfront.net/static/2025/02/2015-04-14T120000Z_677977274_TM3EB3Q1I5Y01_RTRMADP_3_USA-LINCOLN-ANNIVERSARY-1024x749.jpg\nPresident Donald Trump says he has directed the Treasury Department to stop minting new pennies, citing the rising cost of producing the one-cent coin.\nhttps://www.pbs.org/newshour/politics/trump-orders-u-s-treasury-to-stop-minting-new-pennies-citing-rising-cost-of-producing-the-coin",
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