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Trump directs U.S. Treasury to stop minting pennies

Los Angeles Times · 9h

Trump directs the U.S. Treasury to stop minting pennies

President Trump says he has directed the Treasury Department to stop minting new pennies, citing the rising cost of producing the one-cent coin.

CNN on MSN · 1h

Trump instructs Treasury to halt penny production

President Donald Trump announced Sunday that he has instructed Treasury Secretary Scott Bessent to halt the production of pennies, citing the high cost of producing one cent.

POLITICO on MSN · 9h

Trump says he has directed US Treasury to stop minting new pennies, citing rising cost

For far too long the United States has minted pennies which literally cost us more than 2 cents. This is so wasteful!” Trump wrote in a post Sunday night on his Truth Social site.

Treasury, Scott Bessent and Elon Musk

Bloomberg on MSN · 2d

Bessent Says Musk’s DOGE Isn’t Altering Treasury Data

US Treasury Secretary Scott Bessent said he personally vetted a senior Treasury employee on Elon Musk’s government efficiency team who has read-only access to federal payment data, and that there’s been no “tinkering” with the department’s payment systems.

The New York Times · 7d

Warren Questions Bessent Over Musk Access to Treasury Payment System

In a letter to the Treasury secretary, the Democratic senator warned against meddling with a system that processes trillions of dollars of transactions.

US Treasury's payment system 'not being touched' by Musk's DOGE, Bessent says

The U.S. Treasury's payment system won't be touched by Elon Musk's government efficiency team, Treasury Secretary Scott Bessent told Fox Business on Wednesday, adding that any decisions to stop payments would be made by other agencies.

3don MSN

Treasury Secretary Scott Bessent wants to bypass the Fed to lower interest rates

Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got ...

4don MSN

Treasury Secretary Scott Bessent calls for Trump tax cuts to be made permanent

Treasury Secretary Scott Bessent appeared on FOX Business Network's "Kudlow" and urged Republicans to make President Donald ...

1hon MSN

Trump administration seeks urgent end of ‘impermissible’ court order blocking access to Treasury systems

The Trump administration is making an urgent push to end a court order barring top officials’ access to the federal ...

13don MSN

Scott Bessent confirmed as treasury secretary, giving him a key role in extending Trump’s tax cuts

The U.S. Senate has confirmed billionaire investor Scott Bessent as President Donald Trump’s treasury secretary.

3don MSN

Democrats demand Bessent meeting over DOGE ‘chaos’ at Treasury

Senate Democrats on Wednesday demanded Treasury Secretary Scott Bessent attend a meeting with the Democratic Caucus “as soon ...

6d

Trump Names Scott Bessent, the Treasury Secretary, to Lead the Consumer Bureau

The secretary replaces Rohit Chopra, who had aggressively sought to expand the bureau’s authority over banks and other ...

2d

Here is Bessent's best play to coax 10-year Treasury yields lower, BCA says

It's the budget. Treasury Secretary Scott Bessent said earlier this week that the Trump administration wants to focus on ...

New York Sun16h

Secretary Bessent’s Pocket

Is our new man at Treasury itching to spend our gold — or borrow against it?

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