Scott Bessent Donald Trump

Trump says he ordered Treasury Department to stop producing new pennies

President Donald Trump said he wants to end the production of pennies, calling them “wasteful.” Each coin costs 3.7 cents to produce.

CNN on MSN · 1d

Trump instructs Treasury to halt penny production

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. “For far too long the United States has minted pennies which literally cost us more than 2 cents.

Fox Business · 4h

Trump wants to end penny production; will it affect consumers?

President Donald Trump is seeking to end production of new pennies. An expert told FOX Business the effect on consumers will be negligible.

POLITICO on MSN · 1d

Trump says he has directed US Treasury to stop minting new pennies, citing rising cost

For far too long the United States has minted pennies which literally cost us more than 2 cents. This is so wasteful!” Trump wrote in a post Sunday night on his Truth Social site.

8don MSN

Trump names Treasury Secretary Scott Bessent acting director of CFPB, as former head Chopra confirms he is out

President Donald Trump appointed Treasury Secretary Scott Bessent the acting director of the Consumer Financial Protection ...

13d

Scott Bessent, hedge fund billionaire, is Trump's treasury secretary

Scott Bessent will lead President Donald Trump 's financial agenda as treasury secretary. Bessent, a billionaire hedge fund ...

Vance, Bessent set to meet with Ukrainian President Zelenskyy

Treasury Secretary Scott Bessent and Vice President JD Vance will be meeting Ukrainian President Volodymyr Zelenskyy. President Trump is interested in some of Ukraine's valuable resources.

1don MSN

So long, penny! Trump orders US to ditch 1-cent coin after decades of complaints

President Donald Trump has ordered the U.S. to stop minting pennies. His surprise announcement comes after decades of ...

8don MSN

Trump names Treasury Secretary Scott Bessent as acting director of the Consumer Financial Protection Bureau

President Donald Trump has tasked Treasury Secretary Scott Bessent with serving as the acting director of the Consumer ...

1don MSN

Trump, Musk actions put America at risk of ‘a form of default,' former Treasury chiefs warn

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

5don MSN

Trump Treasury Secretary Scott Bessent relieves some pressure on the Fed

Treasury Secretary Scott Bessent said Donald Trump is not asking the Federal Reserve to lower its short-term interest rates, ...

5don MSN

Treasury Secretary Scott Bessent calls for Trump tax cuts to be made permanent

Treasury Secretary Scott Bessent on Wednesday signaled that the White House wants Trump's tax cut package from 2017 to be ...

9hon MSN

Judge Says Treasury Data Limit Applies to DOGE, Not Bessent

A federal judge in New York allowed Treasury Secretary Scott Bessent to access sensitive Treasury Department payments data, ...

Trump 2nd term live updates: Trump attends the Super Bowl

As President Donald Trump's second administration continued its swift recasting of the federal government and American ...

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