U.S. Penny Phase-Out Sparks Local and Collector Concerns

1 min read
Source: Oregon Public Broadcasting - OPB
U.S. Penny Phase-Out Sparks Local and Collector Concerns
Photo: Oregon Public Broadcasting - OPB
TL;DR

The discontinuation of penny minting by the US Treasury has led to a penny shortage in Clark County, Washington, causing issues for local government operations and prompting calls for federal or state guidance on how to handle cash transactions without pennies, with some businesses already rounding prices.

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