Fact Sheet: President Donald J. Trump Modernizes Payments to and from America’s Bank Account

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On March 25, 2025, President Donald J. Trump signed an Executive Order aimed at modernizing government payment systems by phasing out paper checks. By September 30, 2025, all federal payments, including benefits and tax refunds, will be made electronically, using methods such as direct deposit and digital wallets. This initiative seeks to lower the risks of fraud and inefficiency linked to paper-based payments, while also launching a public awareness campaign to assist recipients during the transition.

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