Eliminating the penny is more than a practical cost-saving measure. It’s a test of our willingness to confront outdated ...

Elon Musk's so-called Department of Government Efficiency raised the prospect in a post on X last month highlighting the ...

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

President Trump claims he has instructed the U.S. Treasury Department to stop producing pennies, calling the 1-cent coin ...

A penny-pinching tactic proposed by Elon Musk's Department of Government Efficiency could be getting rid of the penny itself.

A penny-pinching tactic proposed by Elon Musk's Department of Government Efficiency could be getting rid of the penny itself.

The Department of Government Efficiency hinted it may be looking to eliminate the penny. Elon Musk's initiative says production of the coin is costing taxpayers millions of dollars.

President Trump claims he has instructed the U.S. Treasury Department to stop producing pennies, calling the 1 cent coin wasteful. Trump announced his actions in a Truth Social post ...