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The Independent UK
The Independent UK
Madeline Sherratt

Trump abolishes the ‘wasteful’ penny in mid-Super Bowl social media rant

Donald Trump Elon Musk the US Treasury

President Trump has ordered the U.S. Treasury to axe the “wasteful” penny during a social media rant while watching the Super Bowl in New Orleans.

“For far too long the United States has minted pennies which literally cost us more than 2 cents. This is so wasteful! I have instructed my Secretary of the U.S. Treasury to stop producing new pennies”, he wrote in an 8:30 p.m. Truth Social post Sunday.

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