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Tag: Treasury Department

DES PLAINES, IL - JULY 06: Pennies lay in a pile July 6, 2006 in Des Plaines, Illinois. According to the U.S. Mint says a penny costs more to make than it's worth, 1.2 cents, prompting some to call for its demise. (Photo Illustration by Tim Boyle/Getty Images)

U.S. Mint places final order to end penny production following Trump’s order

The U.S. Mint has placed its final order for penny blanks and will cease production entirely by early next year, bringing an end to one of the nation’s longest-standing forms of currency, the Treasury Department announced Thursday.

Read More U.S. Mint places final order to end penny production following Trump’s order
NEW YORK, NEW YORK - FEBRUARY 14: NY Attorney General Letitia James speaks during a press conference on the Department of Government Efficiency (DOGE) at Manhattan Federal Courthouse on February 14, 2025 in New York City. James was joined by Connecticut Attorney General William Tong for a press conference ahead of a scheduled court hearing as they discussed their ongoing lawsuit with 17 other state attorneys general to stop Elon Musk’s DOGE from accessing personal data housed in the Treasury Department. (Photo by Michael M. Santiago/Getty Images)

Trump Admin Refers N.Y. AG Letitia James For Possible Mortgage Fraud Prosecution

Federal Housing Finance Agency Director William Pulte issued a letter Tuesday alleging that the New York Attorney General Letitia James “falsified records” to secure a home loan on a property in Virginia as her “principal residence” in 2023, when she was serving as New York’s prosecutor. 

Read More Trump Admin Refers N.Y. AG Letitia James For Possible Mortgage Fraud Prosecution
Traders work on the floor of the New York Stock Exchange (NYSE) during afternoon trading on April 9, 2025 in New York. Wall Street stocks rocketed to close solidly higher Wednesday, with dramatic advances on all three major indexes as US President Donald Trump delayed steep new tariffs hours after they took effect. The Dow Jones Industrial Average surged 7.9 percent to 40,608.45, the broad-based S&P 500 Index rallied 9.5 percent to 5,456.90, and the tech-focused Nasdaq Composite Index jumped more than 12.2 percent to 17,124.97. (Photo by ANGELA WEISS / AFP) (Photo by ANGELA WEISS/AFP via Getty Images)

Wall Street Posts Biggest Single-Day Gain Since 2008 Following Trump’s Surprise Tariff Reversal

U.S. stocks jumped significantly on Wednesday after President Donald Trump announced a 90-day delay in tariffs for countries that hadn’t imposed reciprocal tariffs. 

Read More Wall Street Posts Biggest Single-Day Gain Since 2008 Following Trump’s Surprise Tariff Reversal
WASHINGTON, DC - FEBRUARY 20: The Internal Revenue Service (IRS) Building is seen on February 20, 2025 in Washington, DC. The Internal Revenue Service will begin laying off roughly 6,000 employees in the middle of tax season as the Trump administration pushes to downsize the federal workforce through the Department of Government Efficiency (DOGE). (Photo by Tasos Katopodis/Getty Images)

IRS Chief To Resign ‘In Protest Of Trump Admin’ Over Tax Data-Sharing Agreement With DHS

The acting leader of the Internal Revenue Service (IRS) is reportedly set to resign after a deal was recently set in place on behalf of the agency requiring it to share tax data on undocumented immigrants.

Read More IRS Chief To Resign ‘In Protest Of Trump Admin’ Over Tax Data-Sharing Agreement With DHS
WASHINGTON, DC - MARCH 13: U.S. President Donald Trump speaks during a meeting with NATO Secretary General Mark Rutte in the Oval Office of the White House on March 13, 2025 in Washington, DC. The two leaders met as the Trump administration has once again put the military alliance between the United States and Western Europe in question. (Photo by Andrew Harnik/Getty Images)

Trump Threatens 25% Tariff On Countries Buying Oil Or Gas From Venezuela

President Donald Trump has announced all countries that purchase oil or gas from Venezuela will be subject to a 25% tariff on all trade with the United States.

Read More Trump Threatens 25% Tariff On Countries Buying Oil Or Gas From Venezuela
WASHINGTON, DC - SEPTEMBER 20: U.S. Andy Biggs (R-AZ) questions Attorney General Merrick Garland as he testifies before the House Judiciary Committee in the Rayburn House Office Building on September 20, 2023 in Washington, DC. The committee is holding an oversight hearing on the U.S. Department of Justice. (Photo by Win McNamee/Getty Images)

Rep. Biggs Seeks FBI Probe Of Democrat Fundraising Platform ‘ActBlue’ Over Foreign Influence, Fraud Claims

GOP Arizona Representative Andy Biggs sent a letter to FBI Director Kash Patel requesting that the FBI investigate ActBlue, the top fundraising arm of the Democrat Party.

Read More Rep. Biggs Seeks FBI Probe Of Democrat Fundraising Platform ‘ActBlue’ Over Foreign Influence, Fraud Claims

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