Pennynomics: Economic impact of stopping penny production
The U.S. Treasury estimates it costs mints, like the one in Denver, nearly four cents to make the one cent coin.
Labor unions sue to block DOGE access to sensitive information at US agencies
On Friday, a separate lawsuit on behalf of the University of California Student Association asked a federal judge in ...
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As Trump fires the penny, here's how India's one-rupee coin is holding up
US President Donald Trump has ordered a halt to the minting of pennies, the coins denoting a cent of the dollar, over high ...
DOGE's access to Treasury data risks US financial standing and raises security worries, experts warn
The Department of Government Efficiency's embed into the federal government has raised a host of concerns, transforming a ...
Getting rid of the penny introduces a new problem: nickels
Phasing out the penny could result in needing to make more nickels, and the U.S. Treasury Department loses far more money on ...
Consumers give mixed reactions to Trump’s plan to have Treasury stop making pennies
Is this goodbye? Trump's penny announcement is getting mixed reactions from consumers and business owners across Arizona.
How Trump might get rid of the penny — and what could come next for your pocket change
Trump said he wants the Treasury Department to stop minting pennies because of their high manufacturing costs.
Trump says he has directed US Treasury to stop minting new pennies, citing rising cost
President Donald Trump says he has directed the Treasury Department to stop minting new pennies, citing the rising cost of ...
US estimated to have borrowed $127 billion in January: CBO
The Congressional Budget Office (CBO) estimated in a report on Monday that the federal government racked up a deficit of $127 ...
Trump, Musk actions put America at risk of ‘a form of default,' former Treasury chiefs warn
Elon Musk and his DOGE team are tasked by President Donald Trump to find government spending inefficiency and cut federal ...
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National Politics
I hope that he will focus the Treasury Department on bringing down costs for middle-class Americans,” Coons said in a statement, adding that he supports Bessent’s commitment to continue U.S ...
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Senate confirms Scott Bessent as Treasury secretary
The Senate confirmed Scott Bessent as Treasury secretary on Monday ... which poses risks for the American economy. A steady US economy makes Bessent’s work a bit easier, including pushing ...