Elon Musk's DOGE is taking aim at the U.S. penny, pointing out that it costs more to manufacture than it's worth.

DOGE builds on the United States Digital Service, now rebranded as the U.S. DOGE Service. According to Trump's executive order, the newly rebranded department will cut red tape and streamline government IT systems. Per the EO, DOGE has roughly 18 months (July 4, 2026) to achieve the administration's goal.

President Donald Trump’s order establishing the “Department of Government Efficiency” aims to give billionaire Elon Musk’s team sweeping access to operations at federal agencies, revamping its structure after competing visions left one of its leaders seeking an exit.