Trump Orders Treasury to Halt Minting New Pennies to Cut Waste
![](https://static01.nyt.com/images/2025/03/09/multimedia/09trump-news-penny-bjlk/09trump-news-penny-bjlk-facebookJumbo.jpg)
President Trump said on Sunday night that he had ordered the Treasury secretary to stop producing new pennies, a move that he said would help reduce unnecessary government spending.“Let’s rip the waste out of our great nations budget, even if it’s a penny at a time,” he said in a post on Truth Social.He characterized the production of pennies, which “literally cost us more than 2 cents” each, as wasteful.This is a developing story.
Please check here for updates....