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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Donald Trump has issued a stark ultimatum to Hamas: “Surrender and release the hostages” or face continued starvation in Gaza. Amid mounting criticism of Israel’s war strategy and stalled hostage talks, Trump shifted his tone—demanding Hamas end resistance to stop the humanitarian crisis. As Netanyahu meets U.S. envoy Steve Witkoff, discussions center on reviving negotiations via Qatar and Egypt. With annexation being floated as a fallback, the situation remains tense, and U.S.-backed aid efforts face scrutiny for failing to ease suffering.
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Tesla has officially entered India, launching its first showroom at Mumbai’s BKC with the Model Y on display. Priced at ₹61 lakh on-road, the Model Y marks Tesla’s push into India’s luxury EV space. Initially imported from Berlin, Tesla’s India debut has sparked praise and criticism—Donald Trump slammed the move as “unfair” due to U.S. export tariffs. While Indian officials welcome the launch, local automakers fear disruption. Tesla’s arrival may accelerate EV adoption and reshape India’s electric vehicle policy landscape.
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Trump In Epstein Trouble: A major rift has appeared within the MAGA movement as supporters turn on President Donald Trump. The controversy ignited after Trump publicly defended Attorney General Pam Bondi, a move seen by many conservatives as a dismissal of concerns surrounding the recently unsealed Epstein files. This defense has triggered an unprecedented backlash from his own base.
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Sensing a critical moment of weakness, the Democratic party is moving quickly to capitalize on the Republican infighting. Former President Barack Obama is set to return to the political frontline, headlining a major fundraiser in New Jersey this Friday alongside DNC Chair Ken Martin. This event, Obama's first since the 2024 election, is designed to rally the Democratic base and frame the GOP's internal conflict as a major liability ahead of the crucial 2026 midterm elections.
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