Bipartisan Senate Bill Mandates Retailers Accept Cash Payments Up to $500
The Payment Choice Act is currently stalled in the Senate Committee on Banking, Housing, and Urban Affairs. Until the legislation moves forward, retailers are not legally required to accept cash, which continues to exclude unbanked consumers from certain marketplaces.
Jul 18, 2025
Senator John Fetterman backs bipartisan bill requiring retail stores to accept cash payments
Senator John Fetterman advocated for the bill on social media, stating that consumers should not be limited in how they spend their money.
You work hard for your money. You shouldn’t be limited on how to spend it.
www.foxbusiness.com/politics/fet...
Jul 16, 2025
Senate Refers Bipartisan Cash Mandate Bill to Banking Committee
The Senate referred the legislation to the Committee on Banking, Housing, and Urban Affairs for further review.