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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 ...
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 ...
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 ...
"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 ...
Davenport police have arrested two men who allegedly conspired to deposit a counterfeit U.S. Treasury check, complete with ultraviolet ink and watermark, of more than $54,000 into an account at ...
The federal government is putting paper checks on notice. In an Executive Order (EO) signed on March 25, President Trump directed the Department of the Treasury to stop issuing — and accepting ...
The financial advisor verified that the checks were valid U.S. Treasury checks, according to the Department of Justice. “The affidavit details that Dowtin told the Morgan Stanley financial ...
HARRISBURG, Pa. (WHTM) – Thousands of Pennsylvanians will soon receive a check they may not be expecting. On Monday, the Pennsylvania Treasury announced that more than 7,000 Pennsylvanians will ...
"Historically, Department of the Treasury checks are 16 times more likely to be reported lost or stolen, returned undeliverable, or altered than an electronic funds transfer. "Maintaining the ...
This tax-return filing season might be the last time you send payments to the Internal Revenue Service using paper checks, or the last time you receive refunds on paper. A Trump Administration ...
"Historically, Department of the Treasury checks are 16 times more likely to be reported lost or stolen, returned undeliverable, or altered than an electronic funds transfer (EFT)." According to ...