No Treasury secretary in his or her first weeks in office should be put in the position where it is necessary to reassure the nation and the world of the integrity of our payments system or our ...

President Donald Trump said he has instructed the US Treasury Secretary to stop minting new pennies, citing the coin's cost of production. The U.S. president said in a Truth Social post that the ...

He announced that he has directed the Treasury Secretary to halt production of the one-cent coin featuring Abraham Lincoln as part of a broader effort to cut waste in the national budget.

In the motion, Cloud Software Group, Inc. CEO Tom Krause argued that "it is important that high-level political appointees, such as the Treasury Secretary, Deputy Secretary, Chief of Staff ...

He said in a Truth Social post that he told Treasury Secretary Scott Bessent to end minting the small-value coins with former President Lincoln’s image on them. “For far too long the United ...

President Trump has instructed the Treasury secretary to stop making pennies, which he calls “wasteful.” “For far too long the United States has minted pennies which literally cost us more ...

Tom Krause, the CEO of Cloud Software Group who has been leading DOGE’s review of federal payments, is now performing the duties of Treasury’s fiscal assistant secretary, according to the ...

In the new filing, the Justice Department raised alarm that the ruling could be understood to extend as far as preventing Treasury Secretary Scott Bessent and other senior department leadership ...

WASHINGTON -- 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.

However, Trump said he told Treasury Secretary Scott Bessent to simply stop minting new pennies. “Let’s rip the waste out of our great nations budget, even if it’s a penny at a time,” he ...

And pennies. On Sunday night, Mr. Trump said he had ordered the Treasury secretary, Scott Bessent, to stop producing new pennies, a move that he said would help reduce unnecessary government spending.