Pennies may soon be a thing of the past. In a post on Truth Social yesterday, President Donald Trump called for a stop to the production of the 1-cent coins.

“For far too long the United States has minted pennies which literally cost us more than 2 cents,” Trump said. “This is so wasteful! I have instructed my Secretary of the US Treasury to stop producing new pennies. Let’s rip the waste out of our great nations budget, even if it’s a penny at a time.”