On Wednesday, JP Morgan CEO Jamie Dimon, the very epitome of a respectable corporate leader, a pillar of what passes for the American establishment, praised Musk effusively: “The guy is our Einstein,” ...

DOGE said on X that the penny costs over 3 cents to make and cost US taxpayers over $179 million in the 2023 fiscal year.

Donald Trump is in office, and he has signed an executive order to create DOGE – the Department of Government Efficiency — ...

The Department of Government Efficiency hinted it may be looking to eliminate the penny. Elon Musk's initiative says ...

Senate DOGE Caucus chair Joni Ernst (R-Iowa) has re-upped legislation to cut roughly $2 billion in taxpayer money spent on swag to promote federal agencies. Expenditures in Ernst’s crosshairs went ...

Trump created DOGE and has given it a mandate to cut government spending. Musk has said that the agency is looking to trim $500 billion in government spending. The penny is worth only 1 cent and its ...

In a move that could ultimately save U.S. taxpayers millions of dollars, the new Department of Government Efficiency seems to be eying eliminating the penny. As the […] ...

The use of cash has been declining in recent years, according to the Federal Reserve's 2024 report on consumer payments. Although the report doesn't specifically address penny usage, it notes that ...

Billionaire Elon Musk-led Department of Government Efficiency has set its sights on an unexpected target: the U.S. penny.

The official X account for DOGE, the reform department headed by billionaire Elon Musk, shared facts about penny production ...

Elon Musk's DOGE is taking aim at the U.S. penny, pointing out that it costs more to manufacture than it's worth.