I’m thinking about not only the banks & other retail businesses, but their customers, who will be faced w/ the prospect of having to round up or down. In a time when pennies are the difference b/w profit & loss, it seems to be a bigger concern than the Fed announcement indicated.
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I called on Chairman Powell to issue more robust guidance to banks across the country dealing with this issue and Chairman Powell committed to do so. I will always fight for Tennesseans and their needs in Congress.
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Keep the pressure on. I have other details as well.
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