Pearland TX

Walmart asks customers to use debit, credit cards amid coin shortage

 

Federal Reserve Chairman Jerome Powell said in June that the shutdowns from the COVID-19 pandemic raised concerns about coin circulation.

“What’s happened is that, with the partial closure of the economy, the flow of coins through the economy has gotten all — it’s kind of stopped,” Federal Reserve chairman Jerome Powell said during a virtual hearing with the House Financial Services Committee in June.

Walmart does not know how long the policy will be in place.

My Post-207

Categories: Pearland TX