The move by Trump is the latest in what has been a rapid-fire effort by his new administration to enact sweeping change.
This is so wasteful!" Trump said in a Truth Social post Sunday. "Let's rip the waste out of our great nations budget, even if ...
With President Donald Trump setting his sights on the U.S. Mint’s production of pennies, the penny debate has been given ...
The penny has been in the crosshairs of Trump officials since he took office. Last month, DOGE, the department run by Tesla ...
President Trump and Elon Musk want the U.S. penny gone. There are currently 114 billion pennies in circulation, but the economy will be okay without the coin.
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.” ...
Two decades ago, Raymond Lombra, a now-retired economist at Penn State University, warned of a "rounding tax" that could amount to at least $600 million a year if merchants were to routinely add a ...
"It enables super-fast transactions at a fraction of a penny per transaction," McCann said. "Memecoins are 'nano-cap' coins that eventually achieve large market capitalizations depending on ...
The latest report from the U.S. Mint shows that pennies accounted for more than half of the 5.9 billion circulating coin shipments from the Federal Reserve Bank in 2024. The cost of the penny also ...
(NEXSTAR) — From daylight saving time to diversity, equity, and inclusion programs, there are various aspects of the federal government that the Department of Government Efficiency (DOGE) and ...