Bankers Lobby Warns Of 'Operational Crises' From Penny Halt

By Aislinn Keely ( October 17, 2025, 7:54 PM EDT) -- A banking industry group on Friday urged leaders of the Federal Reserve and the U.S. Department of the Treasury to swiftly address "operational crises" the institutions say have arisen from a policy restricting penny deposits at coin terminals as the U.S. phases out the one-cent coin....

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