Elon Musk and his DOGE team are tasked by President Donald Trump to find government spending inefficiency and cut federal ...

The Treasury Department's latest analysis shows Trump's tax cut extensions could cost $4.2 trillion, with top earners receiving six-figure benefits. The controversial plan spotlights a growing divide ...

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 ...

For far too long the United States has minted pennies which literally cost us more than 2 cents. This is so wasteful!” ...

State Treasurer Larry Pack is leaning on the state's Treasurer Investment Board Members to steer away from any holdings tied ...

Ellison and 18 other attorneys general filed the lawsuit against Musk and the Trump administration’s new Department of ...

Getting rid of the penny, which cost the government 3 cents each, could end up costing the Treasury Department money if it ...

President Trump said he wants the U.S. Treasury to stop making pennies. Can he do a penny drop? Does it need Congressional ...

Per the latest U.S. Mint report, it costs less than six cents to make a dime ($0.0576). To make a quarter, it cost about 15 cents ($0.1468), and nearly 34 cents for a half-dollar ($0.3397).

President Donald Trump ordered a halt in penny production to cut "wasteful" government spending, saying the coin costs more to make than it's worth.

National Economic Council Director Kevin Hassett said Monday that President Donald Trump’s remarks a day earlier about Treasury payment irregularities weren’t about payments to bondholders but claims ...

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.” ...