Scott Bessent, the new US Treasury Secretary under Trump’s administration, has a monster-sized mission. He’s been handed an ...

The Trump administration said that a judge’s order blocking Elon Musk’s government efficiency team from accessing Treasury ...

WASHINGTON (Reuters) -U.S. President Donald Trump's tariff plans are largely aimed at bringing manufacturing back to the ...

In a Truth Social post, Trump pointed out that the minting of a penny costs more than the actual value of the coin.

Elon Musk and his DOGE team are tasked by President Donald Trump to find government spending inefficiency and cut federal ...

WASHINGTON >>Treasury Secretary Scott Bessent has been ordered to cease production of the one-cent coin known as the penny, President Donald Trump said in a posting on his Truth Social media account ...

"Let's rip the waste out of our great nations budget, even if it's a penny at a time," Trump wrote on TRUTH Social.

On January 31, 2025, the CFPB announced President Donald Trump had appointed Scott Bessent as Acting Director of the CFPB. In ...

Nebraska Congressman Mike Flood said he thinks Elon Musk is doing great things as the head of the Department of Government ...

President Donald Trump announced Sunday he’s ordered his administration to cease production of the 1-cent coin, whose buying power is long past its prime.

The remarks came during a two-hour gathering between the Treasury secretary and GOP members of the House Financial Services Committee.

U.S. laws give Secretary of the Treasury Scott Bessent the authority to make the coins he “decides are necessary to meet the ...