The Quiet Way the Fed Is Creating a Coin Shortage

Cato Institute

Published: December 22, 2025

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Source Overview

Cato critiques the Federal Reserve's coin distribution decisions.

Key Takeaways

Coin terminals reducing penny access
Lack of coordinated guidance
Patchwork risk identified

Our Two Cents

Policy coordination gaps risk uneven outcomes across jurisdictions.

Open Questions

?Should Treasury issue binding standards?
?How can coordination improve?

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