"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.

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.” ...

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

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

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

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

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

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 ...

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