Elon Musk's Department of Government Efficiency aims to cut U.S. penny production costs, sparking debate on currency reform.

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

Senator Elizabeth Warren has suggested a long list of ways that Elon Musk's cost-cutting DOGE can save money—though she's ...

The penny costs over 3 cents to make and cost US taxpayers over $179 million in FY2023,' the official DOGE account wrote on X ...

The savings from eliminating the cent might seem like small change, but every penny counts in dealing with the U.S. fiscal ...

P resident Donald Trump has charged Elon Musk and his Department of Government Efficiency (DOGE) with slashing large portions ...

"DOGE's proposal completely misses the mark, penny elimination would be a costly mistake," Weller told MarketWatch. "A better solution is to produce a cheaper nickel, addressing the real driver of ...

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,” ...

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

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 ...