In a Truth Social post, Trump pointed out that the minting of a penny costs more than the actual value of the coin.

"Let's rip the waste out of our great nations budget, even if it's a penny at a time," Trump wrote on Truth Social.

Scott Bessent, the new US Treasury Secretary under Trump’s administration, has a monster-sized mission. He’s been handed an economic puzzle that could break all financial markets and the entire global ...

U.S. Treasury Secretary Scott Bessent has been ordered to cease production of the one-cent coin known as the penny, President ...

President Donald Trump announced Sunday that he has instructed Treasury Secretary Scott Bessent to halt the production of pennies, citing the high cost of producing one cent.

Is our new man at Treasury itching to spend our gold — or borrow against it?

Trump administration orders CFPB shutdown, halting consumer protection investigations and new rules amid controversy over ...

Vought said Saturday he notified the Federal Reserve the CFPB will not receive its next draw of federal funding—claiming it’s ...

The lawsuit alleged the breach of sensitive Treasury Department data "poses huge cybersecurity risks" and violates multiple ...

Russell Vought, the newly installed acting director of the Consumer Financial Protection Bureau, sent an email Saturday night ordering all employees at the consumer watchdog to stop virtually ...

As the second administration of President Donald Trump continued its rapid recasting of the federal government, the president was scheduled Tuesday to host Israeli Prime Minister Benjamin Netanyahu at ...

Trump Treasury Pick Bessent Opposes Idea of U.S. Central Bank Digital Currency Scott Bessent, who is immersed in the Senate confirmation process as President-elect Donald Trump's Treasury ...