Ivanka Trump is warning investors of a fake “$IVANKA” crypto scam, days after her dad and stepmom launched their own coins.

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.

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 ...

Trump has put Musk, the world's richest man and the CEO of Tesla, X, and SpaceX, in charge of the Department of Government Efficiency, which is not actually a federal agency, but more of a small ...

Inauguration ceremony for the newly elected president Donald Trump, who recently displayed his open-mindedness on the crypto market.

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

The use of cash has been declining in recent years, according to the Federal Reserve's 2024 report on consumer payments. Although the report doesn't specifically address penny usage, it notes that ...

Musk has promised to trim $2 trillion from the federal budget under the helm of the agency, a sum that constitutes more than ...

Led by Elon Musk, the green-horn federal advisory agency is the target of at least three lawsuits alleging that DOGE has ...

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