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

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

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

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.

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.

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 ...

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 ...

With Ramaswamy gone, Musk’s DOGE will be inside the White House. The size of its ambitions for remaking the federal ...

BOSTON - Sen. Elizabeth Warren of Massachusetts has sent her "DOGE Plan" to Elon Musk. The billionaire Tesla owner is head of the Department of Government Efficiency, or DOGE, which is supposed to ...

Following a Tuesday pump, Dogecoin is on the way back down after Elon Musk's DOGE agency website ditched the iconic meme ...