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	<title>food stamps Archives - Coin Engineer</title>
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		<title>Trump Orders to Modernize Payment Systems!</title>
		<link>https://coinengineer.net/blog/trump-orders-to-modernize-payment-systems/</link>
					<comments>https://coinengineer.net/blog/trump-orders-to-modernize-payment-systems/#respond</comments>
		
		<dc:creator><![CDATA[Yigit Taha OZTURK]]></dc:creator>
		<pubDate>Wed, 26 Mar 2025 13:00:04 +0000</pubDate>
				<category><![CDATA[EN]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[digital payments]]></category>
		<category><![CDATA[direct deposit]]></category>
		<category><![CDATA[economic policy]]></category>
		<category><![CDATA[electronic payments]]></category>
		<category><![CDATA[Elon Musk]]></category>
		<category><![CDATA[food stamps]]></category>
		<category><![CDATA[fraud prevention]]></category>
		<category><![CDATA[Government Efficiency]]></category>
		<category><![CDATA[Government Reform]]></category>
		<category><![CDATA[prepaid cards]]></category>
		<category><![CDATA[Social Security]]></category>
		<category><![CDATA[tariffs]]></category>
		<category><![CDATA[tax refunds]]></category>
		<category><![CDATA[treasury department]]></category>
		<category><![CDATA[Trump]]></category>
		<guid isPermaLink="false">https://coinengineer.net/blog/?p=39089</guid>

					<description><![CDATA[<p>President Donald Trump signed two executive actions on Tuesday directing the Treasury Department to modernize and centralize its payment systems to prevent fraud in the federal government’s financial transactions. The first executive action mandates that the Treasury Department use electronic payments whenever possible, moving away from paper checks. This shift aims to streamline payments and</p>
<p>The post <a href="https://coinengineer.net/blog/trump-orders-to-modernize-payment-systems/">Trump Orders to Modernize Payment Systems!</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p class="" data-start="537" data-end="822"><strong data-start="601" data-end="627">President Donald Trump</strong> signed two executive actions on Tuesday directing the <strong data-start="682" data-end="705">Treasury Department</strong> to modernize and centralize its payment systems to prevent fraud in the federal government’s financial transactions.</p>
<p class="" data-start="824" data-end="1278">The first executive action mandates that the Treasury Department use <strong data-start="893" data-end="916">electronic payments</strong> whenever possible, moving away from paper checks. This shift aims to streamline payments and reduce the risk of fraud and waste. The second executive order orders the federal government to cease issuing paper checks by the end of the fiscal year, September 30, 2025, and transition to <strong data-start="1202" data-end="1220">direct deposit</strong>, <strong data-start="1222" data-end="1242">prepaid accounts</strong>, and other digital payment options.</p>
<p class="" data-start="1280" data-end="1449">At a White House briefing, Trump stated, <em>“We’re doing this, and we have other modernization programs going on. These are steps that should have taken place decades ago.”</em></p>
<h2 data-start="1451" data-end="1852">Addressing Fraud and Waste in Federal Payments</h2>
<p class="" data-start="1451" data-end="1852">The initiative is part of the Trump administration&#8217;s continued efforts to tackle fraud within the <strong data-start="1602" data-end="1631">Treasury’s payment system</strong>. Notably, members of <strong data-start="1653" data-end="1704">Elon Musk’s Department of Government Efficiency</strong> were granted access to Treasury’s payment database at the start of Trump’s presidency, though this has sparked privacy concerns and legal disputes.</p>
<hr />
<p data-start="1854" data-end="2068"><strong><em>You Might Be Interested In: <a href="https://coinengineer.net/blog/elon-musk-talks-about-the-name-of-a-new-memecoin/">Elon Musk Talks About the Name of a New Memecoin!</a></em></strong></p>
<hr />
<p class="" data-start="1854" data-end="2068">orders also direct agency heads to collaborate with the <strong data-start="1918" data-end="1941">Treasury Department</strong> to ensure payments are directed to their intended recipients, introducing more rigorous controls to safeguard taxpayer funds.</p>
<p data-start="1854" data-end="2068"><img fetchpriority="high" decoding="async" class="aligncenter wp-image-152011 size-full" src="https://coinmuhendisi.com/blog/wp-content/uploads/2025/03/trump-1-scaled.avif" alt="Trump" width="2560" height="1708" /></p>
<h2 data-start="2070" data-end="2476">Shift to Digital Payments</h2>
<p class="" data-start="2070" data-end="2476">The vast majority of federal payments, including <strong data-start="2151" data-end="2170">Social Security</strong>, <strong data-start="2172" data-end="2187">food stamps</strong>, and <strong data-start="2193" data-end="2208">tax refunds</strong>, are already made through electronic means, and the federal government has been pushing for years to transition fully to <strong data-start="2330" data-end="2357">digital payment methods</strong>. The <strong data-start="2363" data-end="2386">Treasury Department</strong> aims to increase the disbursement rate for <strong data-start="2430" data-end="2458">non-tax-related payments</strong> to 98.4% by 2025.</p>
<h2 data-start="2478" data-end="2872">Trump on Tariffs: “Customs Tariffs Will Create More Jobs”</h2>
<p class="" data-start="2478" data-end="2872">In addition to the payment modernization efforts, <strong data-start="2592" data-end="2611">President Trump</strong> emphasized the economic benefits of <strong data-start="2648" data-end="2667">customs tariffs</strong>, suggesting that they would drive job creation and strengthen the economy. His administration continues to implement trade policies designed to boost domestic manufacturing and reduce reliance on imports.</p>
<hr />
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<p>The post <a href="https://coinengineer.net/blog/trump-orders-to-modernize-payment-systems/">Trump Orders to Modernize Payment Systems!</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
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