It’s official: the penny’s days are numbered. After more than two centuries of jingling in pockets, lining cash registers and fueling both nostalgia and frustration, the one-cent coin will cease production early next year, the U.S. Treasury has confirmed. The decision, driven by mounting production costs...
After more than 200 years, it is time to say goodbye to the penny. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...
The Department of Government Efficiency (DOGE) reportedly won a court battle Friday but is still blocked from accessing the Treasury payment system by an earlier ruling in another court. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The U.S. Treasury Secretary says a new government cost-cutting effort has found $50 billion in savings. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
April 03, 2023
Digital is often a one-way street, and the finance sector appears to be taking it. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive […]
September 16, 2022
Anyone expecting the blueprints for legislation to regulate cryptocurrencies from the three reports the Treasury Department released Friday (Sept. 16) will be sorely disappointed. Get the Full Story Complete the...
May 01, 2020
Since the launch of the Paycheck Protection Program (PPP) in early April, the single-minded focus of the U.S. Treasury, the banks approved to process PPP loans and the small- to medium-sized businesses...
September 22, 2025
The U.S. and U.K. have established a task force to explore partnerships on capital markets and digital assets regulation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, […]
May 22, 2025
After more than 200 years, it is time to say goodbye to the penny. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
March 07, 2025
The Department of Government Efficiency (DOGE) reportedly won a court battle Friday but is still blocked from accessing the Treasury payment system by an earlier ruling in another court. Get...
February 19, 2025
The U.S. Treasury Secretary says a new government cost-cutting effort has found $50 billion in savings. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
