April 23 2025 U.S. Treasury Secretary Bessent stormed the International Finance stage on Tuesday and lobbed a volley of ...

The federal government will stop using paper checks for benefits by September 30, 2025. Update your bank info now to keep ...

The U.S. Treasury now has approximately six months to phase out paper checks for various purposes, including tax refunds and Social Security payments. According to the White House, the Trump ...

Garrity said about 7,300 will receive checks, totaling $1.7 million, will be sent out this round. Most of them received letters in January indicating that the unclaimed property would be returned ...

President Donald Trump has targeted paper checks in a new executive order. Effective Sept. 30, 2025, the order directs the Treasury Department, which includes the IRS, to stop issuing paper checks ...

The banking industry's effort to fight check fraud is likely to benefit from President Donald Trump's order to the Treasury Department to stop issuing paper checks for federal disbursements and to ...

"Historically, Treasury checks are 16 times more likely to be reported lost or stolen, returned undeliverable, or altered than an electronic funds transfer," the order stated. "Maintaining the ...

Trump has made eradicating government inefficiency a major goal in the first 100 days of his presidency, but the push to ditch paper checks predates this administration: A Treasury Department ...

The financial professionals who buy and sell U.S. Treasury bonds for major investors on the secondary market helped force the ...

The new policy was officially announced by the Department of the Treasury’s Financial Crimes Enforcement Network ... scrutiny ...