Why ditching the penny may not cost Americans much
Rounding prices to the nearest nickel would not have “any significant inflationary consequences,” a 2023 study found.
A new penny-pinching tactic? Elon Musk's DOGE says getting rid of the penny could cut costs
A penny-pinching tactic proposed by Elon Musk's Department of Government Efficiency could be getting rid of the penny itself.
Fact Check Team: Elon Musk's department suggests cutting penny production to save costs
The newly formed Department of Government Efficiency, led by Elon Musk, is proposing a reduction in penny production as a ...
Elon Musk’s DOGE is coming for the penny
Musk isn’t introducing a novel idea. For years, people have advocated eliminating the penny, as pennies are rarely spent as ...
Why the penny could hold the key to saving US taxpayers over $170M
Elon Musk’s Department of Government Efficiency has a new target to cut costs: the US penny. CNN’s Boris Sanchez explains why ...
Is the penny going away?
Is it time to get rid of the penny? A 2022 survey found that 58% of Americans believe that the government should stop making ...
Donald Trump could make the penny go away forever. Here’s why
Donald Trump is in office, and he has signed an executive order to create DOGE – the Department of Government Efficiency — with Elon Musk leading the way. The purpose of DOGE is, supposedly, to cut ...
The Upcoming Showdown at the Fed, and Making Cents Out of Eliminating the Penny
On The Express this week, we dissect the flurry of economic executive orders and announcements from the Trump administration and identify the new power brokers influencing markets and the future of A.
Could Trump get rid of the penny?
Trump has put Musk, the world's richest man and the CEO of Tesla, X, and SpaceX, in charge of the Department of Government ...