The Trump administration has ordered the Consumer Financial Protection Bureau to stop nearly all its work, effectively ...

The Trump administration is making an urgent push to end a court order barring top officials’ access to the federal government’s massive payment system operated by the Treasury Department, saying the ...

President Donald Trump said Sunday he had told the Treasury to stop producing penny coins, presenting it as an effort to cut ...

The penny has been under fire for years, with the movement to eliminate the penny picking up steam last month after Elon Musk ...

A federal judge temporarily blocked Elon Musk’s government efficiency team from accessing some Treasury Department ...

U.S. President Donald Trump turned his sights on defense spending, saying his government efficiency tzar, Elon Musk, would ...

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

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

President Donald Trump announced on Monday he has directed Treasury Secretary Scott Bessent to cease penny production, following recent criticism of the coin's costly manufacturing process.

US President Donald Trump today said he had told the Treasury to stop producing penny coins, presenting it as an effort to ...

"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.

U.S. Treasury Secretary Scott Bessent has been ordered to cease production of the one-cent coin known as the penny, President ...