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America One News
10 Feb 2025
#economy
Forbes: Trump Says He Has Ordered Treasury To Stop Producing ‘Wasteful’ Pennies
President Trump announced he has directed the Treasury Secretary to halt the minting of new pennies, citing their production cost, which exceeds their face value. He labeled the continued production as wasteful and part of a broader effort to reduce budget waste.
The U.S. Mint's 2024 report reveals that each penny costs 3.69 cents to produce, marking the 19th consecutive year that manufacturing costs have surpassed the coin's value.
Breitbart: Trump Directs Treasury Department to 'Stop Producing New Pennies'
President Trump has directed Treasury Secretary Scott Bessent to halt the production of new pennies, citing their manufacturing cost of over two cents each, which he deems wasteful. This decision follows reports indicating that pennies cost taxpayers over $179 million in FY2023.
The cost of minting pennies has risen significantly, with estimates now at around 3.7 cents per coin, up from 1.5 cents in 2016. The ongoing debate over the penny's viability continues as the government seeks to reduce wasteful expenditures.
#sports
GB News: Donald Trump speaks out on 'worst part of Super Bowl' after making history and trolling Taylor Swift
Donald Trump attended the Super Bowl, where he was cheered by fans while Taylor Swift faced boos from sections of the crowd. Trump mocked Swift's reception and criticized the NFL's new kickoff rules, claiming they make the game more dangerous and detract from its quality.
He expressed his discontent with the changes on social media, arguing that they ruin the game and calling for a return to previous kickoff methods. Trump left the game early, having predicted a Chiefs victory, but they ultimately lost to the Eagles 40-22.