Senator Elizabeth Warren sent an open letter to Department of Government Efficiency (DOGE) Chair Elon Musk, proposing ways the federal government could cut wasteful spending.

The Department of Government Efficiency hinted it may be looking to eliminate the penny. Elon Musk's initiative says production of the coin is costing taxpayers millions of dollars.

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

Could Trump get rid of the penny? - The cost of zinc — the primary metal used in penny-making — has doubled since 2016 ...

Elon Musk — the world’s richest man alive — has been handed his own task force designed to reign in government spending. Here ...