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

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

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.

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