The US 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 ...

President Donald Trump’s mission to slash federal spending has taken an odd turn as he revealed that the Treasury has been ...

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

President Donald Trump said he wants to end the production of pennies, calling them “wasteful.” Each coin costs more than 3 ...

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.

President Donald Trump late Sunday said he has directed the secretary of the Treasury to stop producing new pennies.

President Donald Trump on Monday designated Treasury Secretary Scott Bessent with additional duties as acting director of the ...