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'Rip the waste out': Trump vows to abolish pennies in late-night rant


Published on 2025-02-10 07:00:50 - MSN
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  • In a late Sunday night announcement, President Donald Trump said the U.S. Treasury has been ordered to stop making pennies. The coin's elimination would mean the currency
  • which features an image of President Abraham Lincoln
  • would eventually work its way out of circulation.

In a late-night social media rant, former President Donald Trump expressed his frustration with the U.S. penny, calling for its abolition due to its perceived lack of value and the inconvenience it causes. Trump criticized the penny as "useless" and a "total waste," highlighting how it clutters cash transactions and is often discarded or ignored. He suggested that eliminating the penny would streamline financial dealings and reduce costs associated with minting and handling these coins. This statement comes amidst discussions on currency reform, where the penny's relevance in modern transactions has been increasingly questioned.

Read the Full MSN Article at:
[ https://www.msn.com/en-nz/politics/government/rip-the-waste-out-trump-vows-to-abolish-pennies-in-late-night-rant/ar-AA1yKbmp ]