Happy New Year 2025

Tag: coin

  • Joy Villa wears DOGE coin dress to 67th Grammy Awards

    Joy Villa wears DOGE coin dress to 67th Grammy Awards

    Singer and songwriter Joy Villa, well-known for her contentious attire at Grammy Award shows, strutted the red carpet once again on Sunday in a gown that served up a strong message.

    Villa was spotted at the 67th Annual Grammy Awards in a gold dress and necklace dispersed with images of the DOGE Shiba Inu dog meme, a necklace featuring his face and a red hat that read “The hat stays on.”

    “I was kind of a walking meme,” Villa told Fox News Digital. “Obviously, I’m a MAGA girl and MAGA and crypto are starting to bridge the gap.”

    JOY VILLA TURNS HEADS WITH PRO-LIFE OUTFIT AT THE GRAMMYS

    Award-winning singer/songwriter Joy Villa wore a DOGE coin dress and a red hat with the message “The hat stays on” to the 67th Grammy Awards. (Joy Villa)

    “Cryptocurrency represents freedom,” she added. “We can disengage from the big banks. As artists, we can dictate our own financial independence.”

    The dress was tailored by atelier dress designer Andre Soriano, who also curated the controversial “Make America Great Again” dress Villa first wore to the 2017 Grammys.

    “I’ve had people try to snatch my MAGA hats off,” Villa said.

    Villa said that among the vicious rhetoric she has received since expressing her support for President Donald Trump and his policies eight years ago are threats of sexual assault and death in addition to racial slurs. Despite having experienced vocal and physical backlash, Villa said the hat sends a message of her courage, resilience and vibrancy.

    ‘MAGA’ DRESS DESIGNER FORCED TO REMOVE TRUMP SIGNS FROM BUSINESS, RESIDENCE WHEN ‘KAREN’ CALLED POLICE

    “I don’t worship Trump, but I worship Jesus Christ as my Lord and savior, and I know that God gave me a voice to speak in Hollywood as an artist, as an actress, as a musician,” Villa told Fox News Digital. “The red carpet is my battlefield.”

    A focal point of Villa’s conservative messaging at high-profile events is her religious devotion.

    “I shared Jesus Christ with every single person I interviewed and none of them posted that,” she said.

    “America needs to bless God because the fight is not over yet,” she added. “We got to stop aborting babies. We got to put prayer back in schools. Nobody needs to have their religion demonized and, for some reason, you can say every other name at the Grammys or the red carpet awards except for Jesus Christ.”

    SINGER JOY VILLA MAKES A POLITICAL FASHION STATEMENT AGAINST PLANNED PARENTHOOD

    While Villa’s remarks about religion were passed over by the media, her message in support of the deportations of illegal immigrants in the U.S. was publicized.

    “I’m a proud Afro-Latina,” she said. “I know being in the Latina community, being a woman of color, I know how much illegal immigration hurts us, and people won’t talk about that.”

    Since taking office on Jan. 20, Trump has acted on his promise of mass deportations and cracked down on illegal immigration. This has included ending deportation protection for hundreds of thousands of Venezuelans and deporting thousands of illegal immigrants to Mexico.

    “It is a crime to come here illegally,” Villa said. “I’ve traveled to 39 countries and in every single one of them I had to get the proper documentation and show my ID.”

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    Villa scrutinized actress Selena Gomez for taking to social media recently to cry about President Trump’s swift action removing illegal immigrants.

    “Girl, sit all the way down,” Villa said. “You are an American citizen and those are not your people.”

    “Deport everyone who’s coming here illegally,” she said.

    Gabriele Regalbuto is a Senior Editor of SEO at Fox News Digital. Gabriele has a Journalism and Communications degree from West Virginia University. She has worked to produce content for newspapers, magazines, and digital platforms. At Fox, she has assisted in coverage of breaking news events including the 2024 presidential cycle, 2022 midterm elections, Queen Elizabeth II’s death, the ongoing war between Russia and Ukraine.

  • Elon Musk’s DODGE setting its sights on America’s copper coin

    Elon Musk’s DODGE setting its sights on America’s copper coin

    Check out what’s clicking on FoxBusiness.com.

    Elon Musk’s Department of Government Efficiency (DOGE) is eyeing ways to slash government spending. One of its first targets could be the penny. 

    DOGE, which officially became a part of the government on Tuesday after President Donald Trump signed an executive order, posted on X that producing the penny is costing American taxpayers tens of millions of dollars, suggesting that it may be one of the items it may consider eliminating. 

    Musk’s initiative, aimed at cutting $2 trillion in federal spending, didn’t directly state that the penny would be eliminated, but highlighted that it costs three times more to make than it’s actually worth.

    According to the U.S. Mint, each penny cost 3.69 cents to produce in fiscal year 2024, costing taxpayers $119 million. This marked the 19th consecutive year in which production exceeded its face value. 

    ELON MUSK’S DOGE FACES FIRST LEGAL CHALLENGE WITHIN HOURS OF TRUMP INAUGURATION

    In the U.S., the penny was one of the first coins made by the U.S. Mint after its establishment in 1792. When it was first produced, the coin was larger and made of pure copper. Today’s smaller coin is made mostly of zinc, according to the U.S. Mint.

    For comparison, the Canadian government eliminated the penny from its coinage system in 2012 because inflation eroded its purchasing power. 

    “Over time, the penny’s burden to the economy has grown relative to its value as a means of payment,” the government’s Economic Action Plan 2012 read. 

    ELON MUSK AND VIVEK RAMASWAMY POINT TO DOGE TARGETS

    At the time, the penny only retained about one-twentieth of its original purchasing power.

    “Given its declining purchasing value, some Canadians consider the penny more of a nuisance than a useful coin,” the report said.

    According to the U.S. Mint, each penny cost 3.69 cents to produce in fiscal year 2024, costing taxpayers $119 million. (Tim Boyle/Getty Images) / Getty Images)

    The penny is just one of many items that DOGE may look to eliminate as it sets its sights on cutting $2 trillion in federal spending. However, Musk admitted in early January that DOGE may not reach its intended $2 trillion target.

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    “I think we’ll try for $2 trillion. I think that’s like the best-case outcome,” Musk told Stagwell Inc. CEO Mark Penn, adding that he believes if DOGE aims for $2 trillion in cuts, it has a “good shot at getting one.”