Jan 22, 2025 · In Tuesday X post, Musk's DOGE wrote that the U.S. spends about 3 cents to mint each penny, which, of course, is only valued at 1 cent. "The penny costs over 3 cents to make and cost U.S ...

20 hours ago · The penny is seemingly immortal: Thousands of people have tried to kill it, but every time it has survived.. Why it matters: It now meets what might be its most formidable adversary yet, in the form of Elon Musk. Driving the news: A post from the official DOGE account on X makes clear what everybody who has studied the subject already knows — that pennies are, quite literally, weighing down ...

Jan 24, 2025 · But DOGE’s initial proposed co-chair with Musk, Vivek Ramaswamy, is leaving to launch a campaign for Ohio governor. He said in a post on X : “I’m confident that Elon & team will succeed in ...

Jan 24, 2025 · Elon Musk’s Department of Government Efficiency has a new target to cut down costs: the US penny. DOGE said on X that the penny costs over 3 cents to make and cost US taxpayers over $179 million ...

1 day ago · WASHINGTON (AP) — The Department of Government Efficiency, run by President Donald Trump’s billionaire adviser and Tesla CEO Elon Musk, has gained access to sensitive Treasury data including Social Security and Medicare customer payment systems, according to two people familiar with the situation.. The move by DOGE, a Trump administration task force assigned to find ways to fire federal ...

1 day ago · Musk’s Twitter Takeover Tactics: Federal agencies have offered exits to millions of employees and tested the prowess of engineers — just like when Elon Musk bought Twitter. The similarities ...

Jan 24, 2025 · Elon Musk’s Department of Government Efficiency has a new target to cut costs: the US penny. CNN’s Boris Sanchez explains why eliminating the penny could save American taxpayers millions of ...

Jan 22, 2025 · Elon Musk's Department of Government Efficiency is targeting one of the federal government's most notorious examples of waste: the penny. Getting rid of the penny would be an early test of DOGE's ...

Jan 24, 2025 · Elon Musk speaks at an indoor Presidential Inauguration parade event in Washington, Monday, Jan. 20, 2025. (AP Photo/Matt Rourke) (Matt Rourke/AP) Air Canada ordered to pay Brink’s over $18K for ...

Jan 23, 2025 · Billionaire Elon Musk -led Department of Government Efficiency has set its sights on an unexpected target: the U.S. penny, highlighting the coin’s staggering production costs that exceed its face...