The government made its last order of penny blanks earlier this month, a spokesperson for the Treasury Department confirmed to BI. The US Mint will keep manufacturing the one-cent coins until it runs out of blanks, they said, meaning the penny will gradually fall out of circulation.
In a notable divergence from typical diplomatic language, the meeting summary underscored frank discussions on critical issues, pointing to a significant conversation between U.S. Treasury Secretary Bessent and Spain's Economy Minister Cuerpo.
High Yield Savings accounts now offer competitive yields compared to US Treasury bills. Their benefits include liquidity flexibility and protection against market volatility risks, making them appealing to investors.