KEY TAKEAWAYS President Donald Trump said he has instructed the US Treasury Secretary to stop minting new pennies, citing the ...

The U.S. Mint reported losing $85.3 million in the 2024 fiscal year that ended in September on the nearly 3.2 billion pennies ...

Elon Musk's so-called Department of Government Efficiency raised the prospect in a post on X last month highlighting the ...

Federal Judge Paul Engelmayer's ruling baring DOGE from accessing Treasury data may also bar Secretary Bessent, according to legal experts and conservative critics.

Robert Rubin, Lawrence Summers, Timothy Geithner, Jacob Lew and Janet Yellen are former Treasury secretaries.

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

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.” ...

The judge also ordered Musk and his team to “immediately destroy any and all copies of material downloaded from Treasury ...

Tom Krause, a former executive involved in Elon Musk's DOGE, is the new financial assistant secretary at the Treasury ...

The Trump administration has filed a motion to vacate or modify a temporary restraining order blocking DOGE from accessing ...