According to AICryptoCore, the U.S. Treasury has denied rumors that the penny will be canceled to address the national debt. As of November 14, 2025, no official confirmation or policy change has been announced. The current fiscal focus remains on broader economic reforms, including tax relief and debt ceiling adjustments. The false rumor has not affected financial markets or cryptocurrency trends, with no impact observed on digital assets or sectors reliant on physical currency changes. Government entities continue to prioritize deficit reduction and tax policy over currency restructuring.
U.S. Treasury Denies Penny Cancellation Rumors Amid Debt Discussions
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