US President Donald Trump announced today, Monday, the cessation of minting the "Cent" coin, stressing the need to redirect funds to more important areas, instead of continuing to produce a currency that costs more than its value.
Trump said in a post on the "Truth Social" platform, reported by the American Alhurra Channel, "The cost of minting the "Cent" constitutes an unacceptable waste of public money," directing the cessation of minting new "Cent" coins.
The American channel indicated that the US President's decision comes within the framework of the policy of reducing government spending and addressing financial waste, as he stressed the need to redirect funds to more important areas, instead of continuing to produce a currency that costs more than its value.
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