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

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

Rep. Andy Ogles (R-Tenn.) proposed an amendment to the U.S. Constitution that would allow President Trump to serve a third ...

The cost to produce cents and five-cent coins continues to escalate well beyond face value, but the latest report from the ...

Elon Musk’s Department of Government Efficiency has a new target to cut costs: the US penny. CNN’s Boris Sanchez explains why ...

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 ...

"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 ...

According to CNBC, the pennies in question – minted in 1983 - lack a mint mark, the designation on the face side of the coin ...

Columnist Pat Beall draws a line from meme coins like $TRUMP, named for the president, and PNUT, named for a deceased ...