Trump said he wants the Treasury Department to stop minting pennies because of their high manufacturing costs.

Law enforcement officers for the Internal Revenue Service typically investigate tax-related crimes. Homeland Security ...

U.S. laws give Secretary of the Treasury Scott Bessent the authority to make the coins he “decides are necessary to meet the ...

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 announced that the United States would cease minting pennies, calling the coin “wasteful.” “For far ...

Former Treasury Secretaries penned an op-ed Monday expressing their concerns that officials at Elon Musk’s “Department of ...

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

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.” ...

Donald Trump has declared on his Truth Social platform on Sunday that he wants to cease production of the U.S. penny, writing ...