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

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," Trump wrote on Truth Social.

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

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 ...

The move by Trump is the latest in what has been a rapid-fire effort by his new administration to enact sweeping change ...

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

The US Treasury Secretary Scott Bessent has been told to stop minting one-cent coins, or pennies as they are widely called, ...

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

President Trump announced on Sunday night that he plans to eliminate the manufacturing of pennies, which cost more than they ...

President Trump on Sunday announced that he asked the Treasury Department to stop producing pennies, calling the one cent coin wasteful. He said in a Truth Social post that he told Treasury ...