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

According to the U.S. Mint, the cost to produce a single penny jumped 20% during the 2024 fiscal year to 3.69 cents.

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

On X, DOGE pointed out the federal government spends more to produce the penny than its worth. But the penny has survived ...

The Department of Government Efficiency (DOGE), noted that it cost the United States' 3 cents to make a penny.

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

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

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

Elon Musk’s Department of Government Efficiency (DOGE) has identified a new priority in its quest to slash federal spending: the humble American penny. In a post on X this Tuesday, DOGE noted that the ...

Trump has put Musk, the world's richest man and the CEO of Tesla, X, and SpaceX, in charge of the Department of Government Efficiency, which is not actually a federal agency, but more of a small ...

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 ...

Donald Trump is expected to use his inauguration to sign dozens of orders covering immigration, climate, and more.