Comment by aDyslecticCrow
4 hours ago
lets hope not. This is long overdue and should pose relatively little issue compared to most other recent questionable executive orders.
stop minting and stop accepting is commonly separated to allow adjustment. so likely a later president will just add the second phaseout step.
I agree it's time to follow Canada and the rest of the world but it needs to be done through congress, not executive orders. It needs to have a proper framework for migration and laws for how payments are rounded.
I don’t believe we actually have a law that dictates how to round in Canada. There’s just a government recommendation.
I get that the U.S. is a much lower trust culture, but is it really necessary? The rounding is only for cash transactions.