✉news WorldUS Politics first seen 17 h ago, last 5 h ago, peak #6
Congress Sends Common Cents Act to Trump as Penny Phaseout Advances
Original: Congress Sends Common Cents Act to Trump as Businesses Adjust to Penny Phaseout
Congress has passed the Common Cents Act, sending it to President Trump for signature as American businesses continue adjusting to the phaseout of the penny. The legislation addresses the future of the one-cent coin amid rising production costs and changing payment habits, with retailers adapting pricing and cash-handling practices ahead of its formal retirement.
Why now: The penny's phaseout affects everyday transactions and businesses nationwide, and presidential action on the bill is imminent.
Donald TrumpUS CongressCommon Cents Act
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- Congress Sends Common Cents Act to Trump as Businesses Adjust to Penny Phaseout · Texas Border Business
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