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334 points andrewl | 2 comments | | HN request time: 0.722s | source
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throw0101d ◴[] No.45903431[source]
So Obama wanted to wanted to ban the penny, but it was deemed illegal to do so and efforts to get rid of the law requiring it did not pass:

* https://www.washingtonpost.com/nation/2025/02/10/trump-us-mi...

* https://www.local3news.com/obama-wants-to-retire-the-penny-b...

It's not that keeping the penny around is (necessarily) a good idea, but that there are, you know, laws, and people (including the President and cabinet folks) should kind of follow those laws. So has the law been amended to not require the minting of the penny anymore?

* https://abcnews.go.com/US/trumps-order-scrap-penny-make-cent...

* https://www.npr.org/2025/02/10/nx-s1-5292082/trump-penny-min...

Is there some 'new interpretation' that has been 'found' that allows Sec. Treasury to not mint pennies? Or is this change one made by fiat / executive order?

* https://en.wikipedia.org/wiki/Penny_debate_in_the_United_Sta...

There's only semi-consideration been given to this; the retailers want official rules passed on how round should be done

* https://www.rila.org/focus-areas/finance/main-street-busines...

For example, one subtly:

> Ensure rounding for cash customers does not violate terms of the Supplemental Nutrition Assistance Program (SNAP). The SNAP program sensibly requires that SNAP customers cannot be treated differently than other customers.2 These provisions prohibit treating SNAP customers less favorably or more favorably than other customers. That means that rounding the price of food for a cash customer in either direction risks creating a violation of SNAP regulations for stores that participate in the SNAP program.

replies(5): >>45903464 #>>45903487 #>>45903588 #>>45903639 #>>45905574 #
1. kevin_thibedeau ◴[] No.45903487[source]
The president is now immune to obeying the law and can pardon all of his stooges.
replies(1): >>45905261 #
2. SauntSolaire ◴[] No.45905261[source]
These are the types of comments people start making when they've been mindkilled by politics.