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Business & Economics

Trump tells Treasury to stop minting 'wasteful' pennies

BBC
Summary
Nutrition label

57% Informative

US Treasury Secretary Scott Bessent told to stop minting one-cent coins.

US President Donald Trump said the move was a cost-cutting measure.

Canada ditched its one cent coin in 2012 citing the cost of minting it and its falling purchasing power.

Critics say the coin is a waste of money and resources but supporters say it keeps prices lower.

VR Score

55

Informative language

49

Neutral language

68

Article tone

semi-formal

Language

English

Language complexity

43

Offensive language

likely offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links

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