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Trump has signed an executive order to stop government agencies from sending and accepting paper checks. How will taxpayers ...
Martinez also defrauded the U.S. Treasury by cashing altered Treasury checks made payable to himself. Along with co-conspirators, Martinez obtained checks made payable to others and altered the ...
Mail theft complaints have increased substantially since 2020, the order noted, and Treasury checks in particular are 16 times more likely to be reported lost or stolen or returned as undeliverable.
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 order outlines multiple reasons for eliminating paper checks, including unnecessary expenses, delays, fraud risks, lost payments, and theft. There has been a notable rise in mail theft complaints ...
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, 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 ...
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 ...
Mail theft complaints have increased substantially since 2020. Historically, Treasury checks are 16 times more likely to be reported lost or stolen, returned undeliverable, or altered than an ...