President Trump and Elon Musk want the U.S. penny gone. There are currently 114 billion pennies in circulation, but the economy will be okay without the coin.

President Donald Trump says he has ordered the US Mint to stop making pennies, which he correctly says cost more than one cent to produce.

President Donald Trump announced he is directing the treasury secretary to stop the production of pennies as a cost-cutting ...

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 ...

M1 money supply is a measure of currency in circulation, not including money stored in Federal Reserve vaults. This chart from the Federal Reserve shows the M1 money supply of the U.S. dollar.

The M2 money supply measures the total amount of money in circulation within an economy, including both liquid and less ...