Banks and retailers run short on pennies as the US Mint stops making them

By KEN SWEET, AP Business Writer

NEW YORK (AP) — The United States is running out of pennies.

President Donald Trump’s decision to stop producing the penny earlier this year is starting to have real implications for the nation’s commerce. Merchants in multiple regions of the country have run out of pennies and are unable to produce exact change. Meanwhile, banks are unable to order fresh pennies and are rationing pennies for their customers.

One convenience store chain, Sheetz, got so desperate for pennies that it briefly ran a promotion offering a free soda to customers who bring in 100 pennies. Another retailer says the lack of pennies will end up costing it millions this year, because of the need to round down to avoid lawsuits.

“It’s a chunk of change,” said Dylan Jeon, senior di