Senator John Fetterman D-Pa., Praved praise for his less than formal clothing during a hearing of a trade committee.
Sens. John FettermanD-PA., And Kevin Cramer, RN.D., have introduced a bill that generally requires those who carry out personal company to accept cash as payment of customers.
“Every person who deals with selling or offering goods or services at the retail trade to the public who accepts personal payments at a physical location … accepts cash as a form of payment for sale at such a physical location in amounts up to and including $ 500 per transaction,” the measurement unit Determine, partly.
The proposal offers an exception if there is “a device that converts cash in prepaid cards” without costs.
Senator John Fetterman, D-Pa., Is seen in Capitol, after the house has adopted one big beautiful Bill Act on Thursday 22 May 2025 (Tom Williams/CQ-Roll Call, Inc via Getty Images)
It also allows exceptions if a person cannot accept a cash payment due to “a sales system error” or because he temporarily does not have enough cash available to make a change.
“It’s simple: if you are open to business in America, you have to take us dollars,” said Fetterman, according to press releases. ‘I am proud to introduce the two -part Payment choice law With Senator Cramer because every American should be able to use paper currency if they want. We have millions of people in this country who do not have access to bank accounts, and they must be able to go shopping with their hard -earned dollars. “
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Companies would not be obliged to accept large invoices.
The proposal states that “for the 5 -year period that starts on the date of determining this section, this section does not require a person to accept cash payments in $ 50 accounts or a larger invoice.”
“The secretary issues a rule on the date that is 5 years after the date of entry into force of this section with regard to any invoice conflicts that a person is not obliged to accept,” reads the text of the measure. “When issuing a rule on the basis of paragraph (A), the secretary of people must accept $ 1, $ 5, $ 10 and $ 20 bills.”
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The US Senator Kevin Cramer, RN.D., introduces Doug Collins, the candidate of President Donald Trump as secretary of the Department of Veterans Affairs, during a confirmation hearing of the Senate Veterans’ Affairs Committee in the Dirksen Senate Office Buil (Samuel Corum/Getty images)
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“Cash is still legal tender in the United States, despite the exclusive acceptance of some companies of electronic payments,” said Cramer, according to the press releases. “The use of the use of credit and payment cards or the imposition of premium prices for goods and services paid with cash limits consumer choice. Americans must have the option of using cards or cash, but they must be the ones who make that choice.”
