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Trump orders Treasury to stop minting pennies
Why Trump wants the Treasury to stop minting the penny
President Donald Trump announced that the United States would cease minting pennies, calling the coin “wasteful.” “For far too long the United States has minted pennies which literally cost us more than 2 cents,
Trump says the penny costs too much, orders Treasury to stop making them
U.S. laws give Secretary of the Treasury Scott Bessent the authority to make the coins he “decides are necessary to meet the needs of the United States,” and the 47th President’s order seems to believe the penny does not meet that standard any longer.
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.
Judge Blocks Musk's DOGE From Treasury Payment System
Ex-Treasury secretaries express worries over DOGE payment systems
Former Treasury Secretaries penned an op-ed Monday expressing their concerns that officials at Elon Musk’s “Department of Government Efficiency” (DOGE) gained access to the federal payment
US judge temporarily blocks Musk's DOGE from accessing payment systems
A federal judge early Saturday temporarily blocked billionaire Elon Musk's government efficiency team from accessing government systems used to process trillions of dollars in payments, citing a risk that sensitive information could be improperly disclosed.
Vance, Musk Criticize Federal Judge for Blocking DOGE From Treasury System
The broadside against the court order signals tensions ahead between the White House and the judiciary.
9h
on MSN
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 ...
1h
Will the IRS help with immigration enforcement?
Law enforcement officers for the Internal Revenue Service typically investigate tax-related crimes. Homeland Security ...
5h
on MSN
So long, penny! Trump orders U.S. to ditch 1-cent coin after decades of complaints
Only tradition explains our stubborn attachment to the penny. But sometimes traditions get ridiculous,” the Farmers’ Almanac ...
4d
on MSN
Treasury Secretary Scott Bessent wants to bypass the Fed to lower interest rates
Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got ...
6d
on MSN
Lawrence O'Donnell Says Trump Just Gave Musk 'The Domestic Equivalent of the Nuclear Codes' | Video
"The Last Word" host Lawrence O'Donnell did not mince words when he spoke about President Donald Trump giving Elon Musk access to the United States Treasury Department's payment system, saying Monday ...
1d
How Elon Musk's access to the Treasury system could affect your Social Security benefits?
The United States of America appears to be being governed in a way that has never happened before. Whilst President Donald ...
3d
on MSN
US Treasury appoints Hood as acting comptroller of the currency
The U.S. Treasury Department has appointed Rodney Hood to serve as the acting comptroller of the currency from February 10, ...
4d
The US Treasury Claimed DOGE Technologist Didn’t Have ‘Write Access’ When He Actually Did
Sources tell WIRED that the ability of DOGE’s Marko Elez to alter code controlling trillions in federal spending was ...
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