Musk isn’t introducing a novel idea. For years, people have advocated eliminating the penny, as pennies are rarely spent as ...

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

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

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

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

There are already some signals about which government expenses could be on the chopping block for Elon Musk's DOGE.

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

The newly formed Department of Government Efficiency, led by Elon Musk, is proposing a reduction in penny production as a ...

Pennies cost more than 3 cents each to make, which has the little round Lincoln heads in the crosshairs of Elon Musk’s new ...

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

The Trump administration's Department of Government Efficiency led by Elon Musk is making another hiring pushing, asking for "world-class talent" to apply.

The use of cash has been declining in recent years, according to the Federal Reserve's 2024 report on consumer payments.