●Stories
●Firehose
●All
●Popular
●Polls
●Software
●Thought Leadership
Submit
●
Login
●or
●
Sign up
●Topics:
●Devices
●Build
●Entertainment
●Technology
●Open Source
●Science
●YRO
●Follow us:
●RSS
●Facebook
●LinkedIn
●Twitter
●
Youtube
●
Mastodon
●Bluesky
Follow Slashdot blog updates by subscribing to our blog RSS feed
Forgot your password?
Close
This discussion has been archived.
No new comments can be posted.
Load All Comments
Full
Abbreviated
Hidden
/Sea
Score:
5
4
3
2
1
0
-1
More
Login
Forgot your password?
Close
Close
Log In/Create an Account
●
All
●
Insightful
●
Informative
●
Interesting
●
Funny
The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.
byTargon ( 17348 ) writes:
When it comes to financial matters, I don't think that the president is empowered to make this sort of decision. This stuff MUST be voted on by Congress and possibly the Senate. Trump has the deluded idea that being president has the powers of an emperor, and it is only because the Republican Party has politicians who are a bunch of pussies who run away from Trump calling them a bad name and are so obsessed with power that have made them "fall in line". Anyone who actually believes in following the US Constitution first have been pushed out by those people who support fascism.
twitter
facebook
byViol8 ( 599362 ) writes:
Even a broken clock is correct twice a day. On this Trump is right - whats the point of distributing pennies when cash usage is going down and it costs a huge amount manufacturing and distributing them?
Parent
twitter
facebook
bygtall ( 79522 ) writes:
Because he'll find a way to make the cents fall into his pocket in bits and bobs. All he need do is get his Scam Artists in Residence to figure out how. Maybe Elmo should have el Bunko put him (Elmo) on the case, he's good at that sort of thing. Hint for Elmo: its the left string you need to pull for this, not the right...best move the accordion hands in and out while you do it, makes it look official.
byflyingfsck ( 986395 ) writes:
You need psychiatric help for your TDS.
byTargon ( 17348 ) writes:
It comes down to this stuff the president is NOT the God Emperor of the USA, no matter how much his supporters believe he is. The president can put it to Congress for something to try to enact, but the president can't just declare this and that, we have three branches of government, not just one.
byTablizer ( 95088 ) writes:
I believe the point was Don can't unilaterally make that decision. Whether it's a good idea is a different issue.
I'm personally for it. I don't see a need for pennies.
byradarskiy ( 2874255 ) writes:
"Even a broken clock is correct twice a day."
That a broken clock is correct twice a day does not make it a useful timepiece. You still have the verify, so you might as well ignore it and go directly to what you would verify it against.
byAnonymous Coward writes:
It sounds like this will be a great point for Trump to bring up, the next time he writes his congressperson. Or even when he addresses Congress and asks them all (not just his own reps) to consider some new legislation.
I think a lot of far-left Republicans (i.e. MAGA) get confused about the difference between two things:
(一)Good ideas
(二)Whose responsibility, according to the Constitution, it is to implement a good idea
Conservative Republicans (now called RINOs since conservatives are unwelcome in the party) unders
bycaseih ( 160668 ) writes:
But the OP wasn't commenting on whether the idea itself was good or not. He argues that Trump simply has no authority to command such a thing. And this is true of most of his executive orders, including the most destructive and disruptive ones. Which is interesting because Congress is completely in his control and at his beck and call. He could do it all legally have congress exercise their power, and still take credit for it, but he does not. This is a deliberate move to weaken congress and to take powe
byewibble ( 1655195 ) writes:
In the US I believe 1 cent coins are referred also refereed to as pennies https://en.wikipedia.org/wiki/... [wikipedia.org]
bycaseih ( 160668 ) writes:
Colloquially yes, you are right. And I'm sure the order did use the official name.
byJayhawk0123 ( 8440955 ) writes:
I believe the issue isn't so much if Trump is right, or if we agree with his decisions... the issue is that it's not the right way to go about it...
he's ruling the country by decree, and over reaching. He has undone 100+ years of how power of the office is wielded and congress has shown no concern with the presidential over reach.
What i do find hilarious about this is that the $85 Million dollar amount elicits such a dramatic reaction from people... we lost more money in an f-35 plane crash last week and it barely made the papers... but people are losing their heads over the cost of the penny.
Parent
twitter
facebook
byewibble ( 1655195 ) writes:
Printing pennies is demonstrably a waste money when it cost more to mint than its worth. f-35 planes hold some value to people, I assume most Americans would support maintaining some kind of military. What the pennies thing demonstrates is a government in paralysis, this has been a known issue for years, an obvious way to save some money, yet the US government can't seem get the simplest of things done.
And what DRAMATIC response are you talking about? People discussing things on the internet? Has there been
byMagius_AR ( 198796 ) writes:
I believe the issue isn't so much if Trump is right, or if we agree with his decisions... the issue is that it's not the right way to go about it...
he's ruling the country by decree, and over reaching. He has undone 100+ years of how power of the office is wielded and congress has shown no concern with the presidential over reach.
May I ask where your concern of 100+ years of how power of the office is wielded was when Biden was costing taxpayers a trillion dollars in Student Loan forgiveness decrees? Or
byswillden ( 191260 ) writes:
On this Trump is right
He's really not. Oh, ending the use of pennies is a good idea, but Trump's order is illegal. The law is dumb and should be changed, but the president's duty is to faithfully execute the laws passed by Congress, not to override them.
bydryeo ( 100693 ) writes:
If you pass a law, that law can include regulation on rounding, namely to the closest nickel. It's how it was done in Canada.
byTwistedGreen ( 80055 ) writes:
There wasn't any particular rounding method specified in that law in Canada. It just states that businesses have to be fair and transparent in the method they use. There is a guideline, but it's just a guideline--businesses are free to use whatever method they want, as long as they disclose it. See https://www.canada.ca/en/reven... [canada.ca]
A lot of businesses voluntarily "rounded down" at the time, to placate their customers during the transition. But it's not illegal to just round up, as long as you disclose this p
bydryeo ( 100693 ) writes:
My mistake, I do seem to remember it being a regulation, does seem like it was a guideline. Your link isn't loading here, I'll assume you read it.
bytlhIngan ( 30335 ) writes:
Even a broken clock is correct twice a day. On this Trump is right - whats the point of distributing pennies when cash usage is going down and it costs a huge amount manufacturing and distributing them?
Congratulations, you're among the wealthy!
The poor are the ones who are the ones most hurt by this. Because they can't afford bank accounts, and are often the most 'unbanked". Saving pennies in order to purchase stuff is often the only way they can do things.
It's one of the big reasons many places have made c
bydryeo ( 100693 ) writes:
Yes, but which branch is in charge of coinage? I'm not even American but know about this,
Article I, Section 8, Clause 5:
[The Congress shall have Power . . . ] To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures; ...
●rent threshold.
byPinky's Brain ( 1158667 ) writes:
Congress determines what is considered money, so Trump definitely can't for instance tell them to make it out of aluminium or declare pennies no longer money. But there is no law which directs the treasury to fulfill demand for pennies from banks AFAICS and it is an executive department.
byPinky's Brain ( 1158667 ) writes:
In fact, I don't think the printing stop for large denomination dollar notes went through congress. That's a pretty huge precedent.
Now cutting it off the top has less effect than the bottom, so with a lot of penumbral reasoning you could probably find a difference ... but does anyone care enough about the penny to dredge the shadows of law for them?
byspacepimp ( 664856 ) writes:
Nixon through executive action (no vote from congress) removed the convertibility of the dollar into gold. This effectively took us off the gold standard and set us as a fiat currency. I think the president has capacity to make significant changes to currency.
bydryeo ( 100693 ) writes:
Your Constitution says otherwise, shame you guys ignore it.
Article I, Section 8, Clause 5:
[The Congress shall have Power . . . ] To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures; . . .
bymisexistentialist ( 1537887 ) writes:
If Trump is a fascist for saving taxpayers money on pennies Biden must be the second coming of Mussolini in your mind for forgiving student loans and funding Ukraine
bysarren1901 ( 5415506 ) writes:
Nailed it!!!!
bynightflameauto ( 6607976 ) writes:
When it comes to financial matters, I don't think that the president is empowered to make this sort of decision. This stuff MUST be voted on by Congress and possibly the Senate. Trump has the deluded idea that being president has the powers of an emperor, and it is only because the Republican Party has politicians who are a bunch of pussies who run away from Trump calling them a bad name and are so obsessed with power that have made them "fall in line". Anyone who actually believes in following the US Constitution first have been pushed out by those people who support fascism.
The real problem right now lies in the fact that any member of congress daring to say so much as, "Should we maybe take a look at this?" gets shouted out of the room with threats of being censored outright for the rest of the term by the yes-folks in the Republican party who have decided Trump actually *IS* King, not president, and will not do their jobs for fear of being called bad names by the orange monster. I blame Trump for his idiotic moves, but I blame the Republican ass brigade for allowing it to co
byPsychoSlashDot ( 207849 ) writes:
When it comes to financial matters, I don't think that the president is empowered to make this sort of decision. This stuff MUST be voted on by Congress and possibly the Senate. Trump has the deluded idea that being president has the powers of an emperor, and it is only because the Republican Party has politicians who are a bunch of pussies who run away from Trump calling them a bad name and are so obsessed with power that have made them "fall in line". Anyone who actually believes in following the US Constitution first have been pushed out by those people who support fascism.
The real problem right now lies in the fact that any member of congress daring to say so much as, "Should we maybe take a look at this?" gets shouted out of the room with threats of being censored outright for the rest of the term by the yes-folks in the Republican party who have decided Trump actually *IS* King, not president, and will not do their jobs for fear of being called bad names by the orange monster. I blame Trump for his idiotic moves, but I blame the Republican ass brigade for allowing it to continue completely unchecked. Those people will have a lot to answer for when the time comes for another election, if they don't cave on allowing Trump to declare elections illegal or some other way of ridding himself of the problem of the people.
When the looters have already smashed the windows and are just emptying the place like a bucket-brigade, handing out goodies to passers-by, it's sorely tempting to just... accept a package and quietly go home.
The current administration is looting money, narrative control, and power/authority.
It is very difficult for a politician to pass up the spoils, even if they are ill-gotten gains. Even if someone (R) was generally decent, the pressure to toe the line has become an order of magnitude more intense.
byargStyopa ( 232550 ) writes:
Why would any REPUBLICAN member of congress object to making pennies that cost 3x their value?
Other countries have obsoleted their 1c coins without any issue at all.
Democrats reflexive need to object to literally anything Trump does will just continue to make them look stupid and irrational. The GOP presidential candidate of 2028 thanks you for your support.
bynightflameauto ( 6607976 ) writes:
Why would any REPUBLICAN member of congress object to making pennies that cost 3x their value?
Other countries have obsoleted their 1c coins without any issue at all.
Democrats reflexive need to object to literally anything Trump does will just continue to make them look stupid and irrational. The GOP presidential candidate of 2028 thanks you for your support.
While this particular case may seem reasonable, it's not always what he's doing, but the way he's determined to do it. He's not God Emperor for Life. He doesn't have carte-blanche to do whatever he wants whenever he wants. Believe it or not, there's a reason the US government is set up with there separate branches. Having one ride roughshod over the other two should be alarming to everyone, even if the other two are busy cackling like three year olds being tickled by their favorite uncle while it's happenin
● current threshold.
byceoyoyo ( 59147 ) writes:
IIRC the US president does have control over the mint. Which is probably why the executive order "orders the mint to stop producing pennies" rather than orders that the penny be abolished.
So naturally there will be some chaos when pennies run short and there's no official system for abolishing them.
byargStyopa ( 232550 ) writes:
My goodness you guys are upset about losing that fountain of unaudited $$ aren't you?
Running the Treasure is LITERALLY the responsibility of the president. https://obamawhitehouse.archiv... [archives.gov]
The president appoints the Secretary of the Treasury, who runs it.
BTW: I don't recall you making a post when Executive Order* Obama handwaved away millions of acres of territory into national protection with the stroke of his pen?
*or "presidential memorandums" as he liked to camouflage them...
To quote the NYT: "...Obama
byTwistedGreen ( 80055 ) writes:
Actually, 2 + 2 = 5
●rrent threshold.
byBoB235423424 ( 6928344 ) writes:
Trump has already stated that government reductions will be done both by EO (where the power lies in the executive) and as submitted requests to Congress where changes to laws are required. The first step is identifying waste. The second is finding the right place to Constitutionally make that change.
There is a lot of precedent for the President not spending allocated funds from Congress. Spending money not allocated is the real issue.
If you want to look at an actual case of the President acting like an
bychas.williams ( 6256556 ) writes:
The US Treasury has the authority to stop minting currencies. That's why we don't have a $1,000 bill anymore. The US Treasury decided to stop printing them. There wasn't any act of Congress. https://www.bep.gov/currency/h... [bep.gov] Since the Treasury Department is under the Executive Branch, Trump can undoubtedly order them to stop minting or printing particular denominations.
●rrent threshold.
There may be more comments in this discussion. Without JavaScript enabled, you might want to turn on Classic Discussion System in your preferences instead.
Slashdot
●
●
Submit Story
Arithmetic is being able to count up to twenty without taking off your shoes.
-- Mickey Mouse
●FAQ
●Story Archive
●Hall of Fame
●Advertising
●Terms
●Privacy Statement
●About
●Feedback
●Mobile View
●Blog
Do Not Sell or Share My Personal Information
Copyright © 2026 Slashdot Media. All Rights Reserved.
×
Close
Working...
Working...