https://www.live-feeds.com/feed/common-cents-act-would-impact-pennies-nickels-and-cash-transactions-it-may-soon-become-lawContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/common-cents-act-would-impact-pennies-nickels-and-cash-transactions-it-may-soon-become-lawhttps://www.live-feeds.com/feed/common-cents-act-would-impact-pennies-nickels-and-cash-transactions-it-may-soon-become-law#u103544Mon, 05 Oct 2026 18:31:59 +0000The Common Cents Act has cleared Congress and awaits President Trump's signature. The legislation ends the production of the penny after 234 years and introduces new rules for cash transactions. Under the act, cash totals will round to the nearest nickel, though card payments will remain exact. Existing pennies will remain valid for use. The bill received support from banks and restaurant operators, while retailers have reported shortages of the coin.Why it mattersThe move addresses the fact that pennies cost more to produce than their face value. It shifts the United States toward a roun