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US Faces Severe Penny Shortage After Trump's Halt in Production

Economic Times•
US Faces Severe Penny Shortage After Trump's Halt in Production
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SynopsisThe US is experiencing a severe penny shortage after President Trump's decision to halt production, leading businesses to round cash sales. Banks cannot obtain new pennies from the Federal Reserve, exacerbating the problem as the holiday shopping season approaches. This abrupt end to penny minting has created logistical issues and potential legal challenges for retailers.

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Publisher: Economic Times

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