My houghts (others' welcome):
1. Trump probably thought this was "throwing us a bone": an action that didn't horrify the entire fucking nation
2. Yay copying Canada & Europe?
3. IIRC the penny has been on the chopping block since at least 2000 or so, but lobbyists from some mining companies (and maybe AZ?) have kept it going, despite the cost. All that metal doesn't come from nowhere. Trump will piss off at least one mining company with this. We might not hear about it, but someone is going to be lighting up the phones.
Trump Orders Treasury Secretary To Stop Minting Pennies - Slashdot
President Donald Trump has ordered Treasury Secretary Scott Bessent to halt penny production to cut government spending, according to a Truth Social post on Sunday. The U.S. Mint spent 3.69 cents to produce and distribute each penny last year, resulting in a $85.3 million loss on over three billion ...