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Stock impact report

Fortune [Fortune]

Newell Brands Inc. (NWL) 
Last newell brands inc. earnings: 5/1 07:30 am Check Earnings Report
Company Research Source: Fortune
Sen. Joni Ernst (R-IA) on Monday pointed to “bad pennies” as an example of waste, and called for action from the new Elon Musk-led Department of Government Efficiency. Ernst, who will lead the Senate Republicans' newly formed DOGE caucus, sent a letter to Musk and the other leader of the unofficial body, Vivek Ramaswamy. The letter called out pennies as one target for cost savings as part the Trump administration broader goal to cut $2 trillion in spending. Related Video “The government is losing money making money, paying more than three cents to produce a penny and more than 11 cents for a nickel,” she wrote, citing the U.S. Mint's annual performance plan . “That makes no cents when simply changing the composition of the coins could save more than $50 million a year.” To be clear, Ernst did not explicitly call for the abolition of one-cent coins. Nonetheless, penny backers claim the ire surrounding the coin is misplaced. Mark Weller, the executive director of a group calle Show less Read more
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