Thursday - December 25, 2025
ABA Statement on Treasury Guidance on Penny Phaseout
December 23, 2025
WASHINGTON, Dec. 23 [Category: Financial Services] -- The American Bankers Association posted the following news release:

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ABA Statement on Treasury Guidance on Penny Phaseout

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"We appreciate today's Treasury Department guidance on handling pennies in the banking system. With the administration's decision to end penny production, a clear path forward is essential to ensuring a smooth transition for American consumers, busin . . .

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