Trump Abolishes Penny: US Treasury Ordered to Stop Minting Coins – Elon Musk Reacts to Bold Move
Video Credit: Oneindia - Duration: 03:09s - Published
Trump Abolishes Penny: US Treasury Ordered to Stop Minting Coins – Elon Musk Reacts to Bold Move
In a historic and controversial move, President Donald Trump has officially ordered the U.S. Treasury to stop minting pennies, citing the high production cost and wasteful government spending.
Posting on Truth Social, Trump declared, "For far too long the United States has minted pennies, which literally cost us more than 2 cents."
#Trump #ElonMusk #NoMorePennies #USATreasury #BreakingNews #PennyAbolished #MAGA #TrumpNews #GovernmentSpending #ElonMuskReaction #Politics #FinancialNews #USCurrency
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President Donald Trump makes his Super Bowl LIX prediction in an exclusive interview, revealing his pick to win the big game! Trump also praises Patrick Mahomes’ wife, Brittany Mahomes, calling her a "MAGA fan" and a "great person." As Super Bowl excitement builds, Brittany Mahomes' past support for Trump before the election resurfaces, sparking discussion online. Who does Trump think will take home the Lombardi Trophy? Watch now to find out!
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In a historic and controversial move, President Donald Trump signed a proclamation aboard Air Force One, officially renaming the Gulf of Mexico to the "Gulf of America." The signing took place mid-flight as Air Force One crossed over the newly renamed waters. Trump also declared February 9 as "Gulf of America Day," urging Americans to recognize the gulf’s significance in U.S. history. While the name change applies to federal references, other nations are not required to acknowledge it. This bold decision has sparked major debate—what do you think?
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More than 4,000 immigrants have been deported from the US this year as Trump intensifies his crackdown with mass deportations. In response, aid groups are helping undocumented migrants at border crossings.
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In a significant move, the White House has placed restrictions on Elon Musk’s Department of Government Efficiency (DOGE) following a lawsuit alleging unlawful access to sensitive financial data from the Treasury Department. Musk’s DOGE was temporarily barred from obtaining payment records, marking a critical development in the ongoing legal battle. The situation highlights growing tensions between the Trump administration and Musk’s initiatives to curb government waste. This decision comes as the Justice Department takes action in response to accusations of privacy violations.
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In a powerful New Year’s message to Russian President Vladimir Putin, Chinese President Xi Jinping reaffirmed the enduring strength of the China-Russia partnership, vowing to continue fostering global peace and development. Despite the ongoing geopolitical challenges, particularly the war in Ukraine, Xi emphasized China’s commitment to non-alignment and non-confrontation, positioning both nations as steadfast allies in a rapidly changing global landscape. This year marks the 75th anniversary of diplomatic relations between China and Russia, and Xi highlighted the growth and maturity of their bond over the decades. The message also underscored their shared resolve to avoid alliances targeting third parties, with both leaders acknowledging the resilience of their relationship amid global tensions.
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