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Bill intelligence

H.R. 10167, the Common Cents Act, passed both the House and Senate on September 28, 2026.

H.R. 10167 — Common Cents Act

Poverty Programs (broad)

What it does

This bill stops the U.S. Mint from making new pennies for everyday use (though old pennies remain legal tender), allows cash transactions to be rounded to the nearest nickel when exact change is unavailable, and requires the Federal Reserve to report on how penny supply disruptions and rounding might affect low-income and unbanked communities. The bill benefits businesses and consumers by reducing transaction friction; it may cost consumers small amounts through rounding, and creates uncertainty for communities that rely heavily on cash.

Quorum's transparency scan gave Common Cents Act a moderate transparency flag.

What happens next

H.R. 10167 passed both the House and Senate. It now goes to the President.

Who is behind it

Filed by Lisa McClain. Cosponsored by Robert Garcia.

Correlative observation from public records — not evidence of coordination or wrongdoing, and not financial advice.
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SOURCE: CONGRESS.GOV BILL TEXT · QUORUM BILL TRANSPARENCY ANALYSIS

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