Why does Donald Trump stop Benny? | Donald Trump News

US President Donald Trump has ordered the Treasury to stop eliminating new penalties and reviving an old debate about the value of the 100th currency.

Trump argued, in a post on the social truth platform on February 9, is a “waste” because the cost of making it exceed the value of its currency.

“Let’s carry out waste from the budget of our great nation, even if it is one fils at one time,” he wrote.

Why pay to retire from the currency?

Although it is only one cent, each penny costs nearly four cents to produce it, according to the United States. This is due to the cost of the raw material – most of them from zinc – and the formation process.

About 3.2 billion pence was promoted in 2024, which means a production cost of $ 12.8 billion.

The pods of inflation also made Beni, which was first drunk in 1793, was almost outdated. It has become not important that it is no longer practical even for the cheapest retail elements – such as Gumball or one piece of candy.

“People want them.” Larry Jackson, a 65 -year -old currency dealer in Atlanta told Reuters, said, “They do not use them.” “

In addition, the use of a shark tends to increase retail transactions. If the cashier can overcome the number of penalties, they will provide 2.5 seconds for each departure registration, according to a 2006 study conducted by the National Terminal Association.

Is there an argument to preserve it?

Yes. Some defenders claim that the currency helps Maintaining prices is under selection.

They argue that companies will be more likely to collect prices higher than landing without Pence. It can have a marginal inflating effect.

In addition, they argue, that the pennies act as a valuable source of financing for charities: every individual contribution may be small, but all of this adds.

Others point out that canceling the currency may compel the government to remove more nickel, which is a greater financial burden. With a value of five cents, the nickel costs 13 cents each to produce.

However, ultimately, most economists say Benny’s loss will have a little effect on consumers. This is because the vast majority of transactions are already cash.

“I think at some point in history to eliminate a greater deal between me, but now people do not carry them even in their pockets,” said economist Sean Senaet. “They are largely not in blood circulation.”

Have other countries tried to cancel a penny?

Yes, countries like Canada, New Zealand, Australia and the Netherlands abandoned the smallest coins.

When Canada stopped eliminating a penny in 2013, it provided an estimated $ 11 million annually, according to the Canadian government. Several retailers have begun to bring the monetary purchases closer to the nearest five -cents brand, while the government and the recycling of pennies for copper and zinc content.

American lawmakers have long called on similar measures. Starting in 1989, the late Congress member Arizona Jim Colby began a decades -long offer to eliminate a penny, and made many failed bills to cancel it. He said in 2006: “Benny was a nuisance for years,” he said in 2006.

Is it legal for Trump to stop the production of a shark on his own?

This is not clear.

Congress, which oversees the USA’s mint operations, is likely to pass a permanent pension law from the currency. But some legal experts say Trump can simply direct the Treasury Secretary to stop producing it.

Legal researcher Lawrence H tribe indicated that the minister has the authority of mineral currencies in any amounts that are necessary – it is likely to be zero for penny.

Unlike a A lot of new administration (From President Trump) Under the flood of executive orders since January 20, this procedure seems completely legal and constitutional.

“The stoppage of shark in the United States is somewhat clear,” says Robert Tartet, an economic professor at North Eston University.

“It is possible that this is a job from the work of Congress, but the Treasury Secretary may be able to stop the manufacture of new pennies,” NortheASSERN GLOBAL News said in a news article in January. He added that the gradual disposal of Benny will ask questions about how to bring critical transactions closer and the use of current pennies for people.