‘The Big Money Show’ analyzes the latest earnings from major retailers such as Target, TJ Maxx and Lowe’s.
Ohioans could soon be shopping like it’s 1999 if lawmakers pass the Current Access to Spend Here (CASH) bill, which would require businesses and government offices to accept cash for payments up to $500.
The bill would require businesses and government agencies to offer at least one point-of-sale location that accepts cash. Furthermore, it prohibits them from charging those who use cash for a transaction a higher price than those who use other payment methods.
TARGET LOWERS PRICES ON THOUSANDS OF ITEMS IN BID TO REVIVE CLOSING SALES
A cashier loads a turkey and other groceries for the cash register at a Walmart Supercenter store in North Bergen, New Jersey, November 21, 2025. (Mike Segar/File Photo/Reuters / Reuters)
“It’s simple: cash is the basis of doing business in America. Our taxpayers should always have the option to use cash in their daily lives,” Ohio said. Representative David Thomas (R-Jefferson), who introduced House Bill 554.
“I hear from residents who may not trust virtual payment options or simply prefer to use physical cash. This bill balances the needs of government and business to be efficient with the ability to still rely on physical cash,” Thomas added.
A customer testing Target’s new self-checkout system, designed to help people with visual impairments. (Goal)
COSTCO REMINDS POPULAR READY-TO-EAT FOOD ITEMS ABOUT PLASTIC POLLUTION
As retailers like Target, Walmart and Costco move to self-checkout methods that often don’t accept cash, this could mean some big changes to their strategy. However, this does not necessarily mean hiring more staff as the bill states that the cash point of sale ‘may be automated or managed by a person’.
Customers waited in line at the checkout counters at a very busy Costco store in Queens, New York, on an unknown date. The recalled Oster countertop ovens were sold at Costco and other major retailers. (Lindsey Nicholson/UCG/Universal Images Group/Getty Images)
GET FOX BUSINESS ON THE GO BY CLICKING HERE
Thomas’ bill mirrors the bill that Sen. John Fetterman, D-Pa., and Sen. Kevan Cramer, R-N.D., introduced, known as the Payment Choice Act of 2025. Their bill would also require businesses to accept cash and prevent them from charging a higher price to those who chose to pay in cash.
Fox Business reached out to Target, Walmart and Costco for comment.
