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Tag: U.S. Treasury

PHILADELPHIA, PENNSYLVANIA - NOVEMBER 12: Treasurer of the United States Brandon Beach holds the last penny stamped at the US Mint on November 12, 2025 in Philadelphia, Pennsylvania. Beach pressed the final pennies at an event held at the facility. The pennies pressed bear a special 'Omega' and will not be put in circulation, but will be auctioned off. (Photo by Matthew Hatcher/Getty Images)

U.S. produces final penny as production is canceled after 230 years

The United States has produced its last penny, as President Donald Trump canceled its production after 232 years.

Read More U.S. produces final penny as production is canceled after 230 years
Commissioner of the Social Security Administration Frank Bisignano looks on as US President Donald Trump speaks prior to signing a presidential proclamation honoring the 90th anniversary of the Social Security Act in the Oval Office of the White House in Washington, DC on August 14, 2025. (Photo by Mandel NGAN / AFP) (Photo by MANDEL NGAN/AFP via Getty Images)

Bessent taps Social Security Commissioner Frank Bisignano to serve as IRS CEO

Treasury Secretary Scott Bessent tapped Social Security Administration (SSA) Commissioner Frank Bisignano to serve as the CEO of the Internal Revenue Service (IRS).

Read More Bessent taps Social Security Commissioner Frank Bisignano to serve as IRS CEO
Chinese Vice Premier He Lifeng is escorted by security personnel to Santa Cruz Palace in Madrid, Spain, September 15, 2025. REUTERS/Violeta Santos Moura

US, China reach framework deal on TikTok after talks in Madrid

The U.S. and China reached a framework deal on short-video app TikTok as part of broader talks on tariffs and economic policy that concluded in Madrid on Monday.

Read More US, China reach framework deal on TikTok after talks in Madrid
A shopping cart is seen in a supermarket as inflation affected consumer prices in Manhattan, New York City, U.S., June 10, 2022. REUTERS/Andrew Kelly/File Photo

US retail sales rebound moderately; underlying trend remains firm

Retail sales rebounded marginally in February as consumers pulled back on discretionary spending, reinforcing the growing uncertainty over the economy.

Read More US retail sales rebound moderately; underlying trend remains firm
NEW YORK, NEW YORK - JUNE 21: Joy Behar attends the "Rock & Roll Man" Off Broadway Opening Night at New World Stages on June 21, 2023 in New York City. (Photo by Arturo Holmes/Getty Images)

Joy Behar Suggests Trump’s Plan To Eliminate Pennies Stems From Jealousy Of Lincoln

“The View” host Joy Behar said on Tuesday’s show that 47th President Donald Trump’s call to dismantle the production of the penny was only because he was “jealous” of America’s 16th President, Abraham Lincoln, whose face appears on the coins.

Read More Joy Behar Suggests Trump’s Plan To Eliminate Pennies Stems From Jealousy Of Lincoln
NEW YORK, NEW YORK - OCTOBER 27: Elon Musk speaks during a campaign rally for Republican presidential nominee, former U.S. President Donald Trump at Madison Square Garden on October 27, 2024 in New York City. Trump closed out his weekend of campaigning in New York City with a guest list of speakers that includes his running mate Republican Vice Presidential nominee, U.S. Sen. J.D. Vance (R-OH), Tesla CEO Elon Musk, UFC CEO Dana White, and House Speaker Mike Johnson, among others, nine days before Election Day. (Photo by Anna Moneymaker/Getty Images)

Musk Reveals FEMA Spent $59M On ‘Luxury Hotels’ For Illegal Aliens Last Week Alone

Department of Government Efficiency (DOGE) head Elon Musk revealed that the Federal Emergency Management Administration (FEMA) spent $59 million last week to house illegal aliens in “luxury” New York City hotels.

Read More Musk Reveals FEMA Spent $59M On ‘Luxury Hotels’ For Illegal Aliens Last Week Alone

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