President Trump has empowered Elon Musk, the richest man in the world, to gut the federal bureaucracy. Here's 5 ways he's ...

President Donald Trump says he has directed the Treasury Department to stop minting new pennies, citing the rising cost of ...

Trump said he wants the Treasury Department to stop minting pennies because of their high manufacturing costs.

Former Treasury Secretaries penned an op-ed Monday expressing their concerns that officials at Elon Musk’s “Department of ...

Elon Musk and his DOGE team are tasked by President Donald Trump to find government spending inefficiency and cut federal ...

Donald Trump has declared on his Truth Social platform on Sunday that he wants to cease production of the U.S. penny, writing ...

Can he do that? It’s not clear. But President Trump is right when he says that pennies “literally cost us more than 2 cents.” ...

"Let's rip the waste out of our great nations budget, even if it's a penny at a time," Donald Trump wrote on Truth Social.

In a Truth Social post, Trump pointed out that the minting of a penny costs more than the actual value of the coin.