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Why Trump is going after the penny
President Trump ordered the Treasury Department to stop minting new pennies, citing the rising cost of production. Kelly O'Grady explains.CBS News - 45m -
Fiery Directives Under Trump’s Justice Dept. Signal a Significant Shift
The new tone of the department, current and former officials say, appears to promise a campaign of intimidation against career employees viewed as insufficiently loyal.The New York Times - 2h -
Trump’s New Tariffs Target Foreign Metals
Also, Elon Musk led a bid to buy OpenAI. Here’s the latest at the end of Monday.The New York Times - 2h -
Boxing body targets IOC with criminal complaints citing Trump order on trans athletes
The International Boxing Association says it will file criminal complaints against the International Olympic Committee in the U.S., France and SwitzerlandABC News - 4h -
Judge directs Trump officials to comply with earlier order halting funding freeze
A group of 22 states and the District of Columbia said the Trump administration was not complying with a judge's order blocking its freeze on federal assistance.CBS News - 5h -
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 spending.CNBC - 7h -
Trump takes aim at 'wasteful' government spending by ordering end to penny production
The president said in a Truth Social post that stopping the mint from coining new pennies is another way to reduce 'wasteful' government spending.CNBC - 9h -
Trump to set tariffs on aluminum and steel; orders end of of pennies
President Donald Trump announces that “any steel coming into the United States is going to have a 25% tariff” as the fate of the penny hangs in the balance after he instructs the Treasury to stop ...NBC News - 13h -
Boxing group cites Trump's ban on trans athletes in IOC complaint
The Russian-led IBA's criminal complaints against the International Olympics Committee stemmed from a 2024 controversy in women's boxing.CBS News - 2h -
Trump signs off on new steel and aluminum tariffs
President Trump on Monday signed proclamations to bolster tariffs on all steel and aluminum imports into the United States and crack down on attempts by China and Russia to evade penalties. Trump ...The Hill - 2h -
Colorado's Polis backs Trump's halt on penny production: 'Great move'
Colorado Gov. Jared Polis (D) on Monday backed President Trump’s direction to halt penny production, calling it a “great move.” On Sunday, Trump announced that he had requested that the Treasury ...The Hill - 6h -
How much does it cost to make a penny, and are we 'losing' money on other coins?
Really, a roll of 50 pennies costs you more than $1.50.The Hill - 7h -
Social Security and Medicare burn while Trump counts pennies
Trump’s latest idea may be popular, but won’t get us far.MarketWatch - 7h -
Judge directs Trump administration to comply with order to unfreeze federal grants
A federal judge in Rhode Island on Monday ordered the Trump administration to comply with his order to unfreeze federal grants, after attorneys general for several Democratic states claimed the ...The Hill - 7h -
Trump Argues That Courts Cannot Block Elon Musk’s DOGE Team From Treasury Systems
The president’s lawyers argued that the distinction between civil servants and political appointees was unworkable and unconstitutional. A hearing is set for Friday.The New York Times - 8h -
Trump Orders Treasury to Halt Minting New Pennies to Cut Waste
Can he do that? It’s not clear. But President Trump is right when he says that pennies “literally cost us more than 2 cents.”The New York Times - 10h -
If we want to stop Trump, we have to start now
We need an American equivalent of the Arab Spring, an overwhelming and sustained demand for fundamental rights, good government, a healthy democracy and the rule of law.The Hill - 12h -
Trump, Putin, Xi and the new age of empire
The leaders of America, Russia and China are now all committed to territorial expansionFinancial Times - 13h -
Vance Challenges Courts’ Power, and Trump Targets the Penny
Plus, why golden retrievers keep losing.The New York Times - 14h -
To stop Trump’s Gaza plans, Palestinians need solidarity and support | Omar Barghouti
The Boycott, Divest and Sanction movement is the best way to show solidarity with our liberation struggle. Egyptian and Greek mythologies mention a phoenix rising from ashes. Palestinians in Gaza ...The Guardian - 14h -
No more minting 'wasteful' pennies, Trump tells Treasury
The US President cites rising costs as the reason for discontinuing production of the one cent coinBBC News - 17h -
Trump says he has directed U.S. Treasury to stop minting new pennies, citing rising cost
President Donald Trump says he has directed the Treasury Department to stop minting new pennies, citing the rising cost of producing the one-cent coin.NBC News - 21h -
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.MarketWatch - 22h -
Trump directs Treasury to stop making pennies
President Trump on Sunday announced that he asked the Treasury Department to stop producing pennies, calling the one cent coin wasteful. He said in a Truth Social post that he told Treasury ...The Hill - 22h -
Live updates: Trump leaves Super Bowl, directs Treasury to stop making pennies
President Trump picked the Kansas City Chiefs to win the Super Bowl on Sunday in an interview with Fox News’s Bret Baier that aired just before kickoff. “I guess, you have to say that when a ...The Hill - 23h -
Trump’s ‘interesting problem’ with Treasuries
Debtcon 1Financial Times - 1d -
Trump rebukes judge blocking DOGE access at Treasury as 'crazy'
President Trump rebuked a federal judge’s decision that the Treasury Department should block access to anyone “other than civil servants with a need for access to perform their job duties” from its ...The Hill - 1d -
Trump enters new chapter with Rupert Murdoch
“Rupert Murdoch is in a class by himself, he’s an amazing guy,” President Trump said of the conservative media magnate, who sat smiling in the Oval Office this week as the newly elected president ...The Hill - 1d -
Trump accelerates Guantánamo Bay migrant directive: What to know
Trump administration officials are rapidly moving forward with President Trump’s directive to turn Guantánamo Bay into a facility that could hold up to 30,000 migrants who are being deported from ...The Hill - 1d -
Russell Vought, CFPB's new acting head, issues directives to halt parts of bureau activity
Office of Management and Budget Director Russell Vought issued a series of directives to Consumer Financial Protection Bureau employees Saturday night in his new capacity as the bureau's acting ...NBC News - 1d -
Trump halts aid to South Africa citing new land law
President Trump signed an executive order formally halting all aid to South Africa and urged his Cabinet to come up with a resettlement program for Afrikaners who he claims "are victims of unjust ...The Hill - 2d -
Trump pauses tariffs on low-cost parcels in US-China trade reprieve
Repeal of ‘de minimis’ exemption had sparked turmoil at US customs and postal service as shipments piled upFinancial Times - 2d -
Trump administration tells states to stop spending on EV charging infrastructure
The Federal Highway Administration directed states to stop spending money for EV charging infrastructure — funds that were allocated under former President Biden.CBS News - 3d -
Trump delayed tariffs on low-cost packages from China
President Trump signed an executive order this week that temporarily prevents low-cost packages from China from being slapped with his new tariffs. The move delays the suspension of the de minimis ...The Hill - 3d -
Musk to rehire Treasury DOGE staffer behind racist posts after Trump endorses idea
Marko Elez was on the DOGE team formed by Elon Musk and tasked by President Donald Trump with cutting federal spending and reducing the government workforce.CNBC - 3d -
Trump's aid freeze will worsen Sudan famine and cost lives, workers say
Some of the humanitarian aid USAID provided went to the African nation of Sudan. For two years now, its people have been caught in the middle of a civil war between two warlords. Debora Patta got a ...CBS News - 5d -
Google Unwinds Diversity Goals, Citing Trump’s DEI Orders
The Silicon Valley giant also said it was reviewing other diversity programs and initiatives and would update them if they seemed risky or ineffective.The New York Times - 5d
More from CBS News
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Federal judge blocks Trump administration cuts to medical research funding
The National Institutes of Health says the cuts will save more than $4 billion a year, but critics say it puts potentially lifesaving research in jeopardy.CBS News - 53m -
Trump ousts director of Office of Government Ethics
President Trump removed the director of the Office of Government Ethics, the independent agency responsible for overseeing ethics rules for the executive branch.CBS News - 2h -
Judge directs Trump officials to comply with earlier order halting funding freeze
A group of 22 states and the District of Columbia said the Trump administration was not complying with a judge's order blocking its freeze on federal assistance.CBS News - 5h -
Trump's proposed buyout plan for federal workers in limbo
A federal judge is weighing extending the pause on President Trump's "deferred resignations" for federal workers. Weijia Jiang is following the latest developments at the White House.CBS News - 30m -
Breaking down the judicial branch's role in curbing executive power
Presidents and the judicial branch have tangled before, but what is new, is the gusto with which President Trump and his team have asserted the scope of executive power. Jessica Levinson breaks it ...CBS News - 20m
More in Politics
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DOJ orders charges against NYC Mayor Eric Adams dismissed
The Department of Justice ordered the acting U.S. attorney of the Southern District of New York to dismiss all charges against New York City Mayor Eric Adams. NBC News' Ken Dilanian explains the ...NBC News - 10m -
Hegseth moves to implement Trump’s ban on transgender troops
Welcome to The Hill's Defense & NatSec newsletter {beacon} Defense &National Security Defense &National Security The Big Story Hegseth moves to implement Trump’s ban on transgender troops ...The Hill - 28m -
DOJ orders prosecutors to drop charges against NYC Mayor Eric Adams
A top Justice Department official ordered federal prosecutors to dismiss corruption charges against New York City Mayor Eric Adams (D), who had cozied up with President Trump in recent months as ...The Hill - 37m -
Google officially updates name of 'Gulf of America'
Google Maps users in the U.S. will now see “Gulf of America” displayed over the body of water that was once labeled, “Gulf of Mexico.” Users in Mexico will still see the name, “Gulf of Mexico,” and ...The Hill - 43m -
Federal judge blocks Trump administration cuts to medical research funding
The National Institutes of Health says the cuts will save more than $4 billion a year, but critics say it puts potentially lifesaving research in jeopardy.CBS News - 53m