Treasury Seeks Ideas to Ditch Paper Checks for Digital Payments
Published Date: 5/30/2025
Notice
Summary
The U.S. Treasury wants your ideas on how to stop sending paper checks and switch to digital payments for all government money moves. This change affects everyone who gets paid by the government, especially folks without easy bank access, and aims to make payments faster and safer starting soon. They’re also planning a cool campaign to help everyone get comfy with digital cash.
Analyzed Economic Effects
2 provisions identified: 1 benefits, 0 costs, 1 mixed.
End of Federal Paper Checks
The Executive Order 14247 issued March 25, 2025 directs the Secretary of the Treasury to stop issuing paper checks and transition to electronic payments for all Federal disbursements where feasible. This will change how people who receive government payments get paid and could affect access for some recipients.
Public Campaign to Help Unbanked Transition
The Treasury plans a public awareness campaign to help consumers, including unbanked and underbanked populations, transition to digital payments as contemplated by Executive Order 14247 issued March 25, 2025. The campaign is intended to support people who may have difficulty adopting electronic payment methods.
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Key Dates
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