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The end of the penny Deemed "wasteful"
TIME Magazine
|March 10, 2025
"For far too long the United States has minted pennies which literally cost us more than 2 cents.

This is so wasteful!" President Donald Trump posted on his Truth Social platform on Feb. 9. "I have instructed my Secretary of the US Treasury to stop producing new pennies."
This story is from the March 10, 2025 edition of TIME Magazine.
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