HRES 341
Expressing the sense of the House of Representatives that it is important to maintain cash as a robust and viable payment option.
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
This resolution urges Congress to recognize the importance of cash as a reliable and accessible payment method. It highlights concerns about businesses increasingly refusing to accept cash, particularly impacting those who value privacy and financial security. The bill emphasizes the risks associated with relying solely on digital payment methods, including potential data breaches and the exclusion of vulnerable populations. It also references testimony from the Federal Reserve Chair emphasizing the critical role of cash for many Americans.
Sponsors
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Primary sponsor
Cosponsors
Alexander X. Mooney
Barbara Lee
Bill Posey
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