{"id":39089,"date":"2025-03-26T16:00:04","date_gmt":"2025-03-26T13:00:04","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=39089"},"modified":"2025-03-26T14:14:22","modified_gmt":"2025-03-26T11:14:22","slug":"trump-orders-to-modernize-payment-systems","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/trump-orders-to-modernize-payment-systems\/","title":{"rendered":"Trump Orders to Modernize Payment Systems!"},"content":{"rendered":"<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\u2019s financial transactions.<\/p>\n<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>\n<p class=\"\" data-start=\"1280\" data-end=\"1449\">At a White House briefing, Trump stated, <em>\u201cWe\u2019re doing this, and we have other modernization programs going on. These are steps that should have taken place decades ago.\u201d<\/em><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_71 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/coinengineer.net\/blog\/trump-orders-to-modernize-payment-systems\/#Addressing_Fraud_and_Waste_in_Federal_Payments\" title=\"Addressing Fraud and Waste in Federal Payments\">Addressing Fraud and Waste in Federal Payments<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/coinengineer.net\/blog\/trump-orders-to-modernize-payment-systems\/#Shift_to_Digital_Payments\" title=\"Shift to Digital Payments\">Shift to Digital Payments<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/coinengineer.net\/blog\/trump-orders-to-modernize-payment-systems\/#Trump_on_Tariffs_%E2%80%9CCustoms_Tariffs_Will_Create_More_Jobs%E2%80%9D\" title=\"Trump on Tariffs: \u201cCustoms Tariffs Will Create More Jobs\u201d\">Trump on Tariffs: \u201cCustoms Tariffs Will Create More Jobs\u201d<\/a><\/li><\/ul><\/nav><\/div>\n<h2 data-start=\"1451\" data-end=\"1852\"><span class=\"ez-toc-section\" id=\"Addressing_Fraud_and_Waste_in_Federal_Payments\"><\/span>Addressing Fraud and Waste in Federal Payments<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<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\u2019s payment system<\/strong>. Notably, members of <strong data-start=\"1653\" data-end=\"1704\">Elon Musk\u2019s Department of Government Efficiency<\/strong> were granted access to Treasury\u2019s payment database at the start of Trump\u2019s presidency, though this has sparked privacy concerns and legal disputes.<\/p>\n<hr \/>\n<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>\n<hr \/>\n<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>\n<p data-start=\"1854\" data-end=\"2068\"><img loading=\"lazy\" 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>\n<h2 data-start=\"2070\" data-end=\"2476\"><span class=\"ez-toc-section\" id=\"Shift_to_Digital_Payments\"><\/span>Shift to Digital Payments<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<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>\n<h2 data-start=\"2478\" data-end=\"2872\"><span class=\"ez-toc-section\" id=\"Trump_on_Tariffs_%E2%80%9CCustoms_Tariffs_Will_Create_More_Jobs%E2%80%9D\"><\/span>Trump on Tariffs: \u201cCustoms Tariffs Will Create More Jobs\u201d<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<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>\n<hr \/>\n<p data-start=\"2478\" data-end=\"2872\"><em>You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our\u00a0<a href=\"https:\/\/t.me\/coinengineernews\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Telegram,\u00a0<\/strong><\/a><a href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"nofollow noopener\"><strong>YouTube<\/strong><\/a>,\u00a0and\u00a0<a href=\"https:\/\/twitter.com\/coinengineers\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Twitter<\/strong><\/a>\u00a0channels for the latest\u00a0<a title=\"News\" href=\"https:\/\/coinengineer.net\/blog\/news\/\" data-internallinksmanager029f6b8e52c=\"7\">news<\/a>\u00a0and updates.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<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\u2019s 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>\n","protected":false},"author":28,"featured_media":38386,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[657,2],"tags":[13548,13550,13552,13549,467,13554,13547,9434,9439,13551,13553,11426,13555,5380,3310],"class_list":["post-39089","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-en","category-news","tag-digital-payments","tag-direct-deposit","tag-economic-policy","tag-electronic-payments","tag-elon-musk","tag-food-stamps","tag-fraud-prevention","tag-government-efficiency","tag-government-reform","tag-prepaid-cards","tag-social-security","tag-tariffs","tag-tax-refunds","tag-treasury-department","tag-trump"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Trump Orders to Modernize Payment Systems! - Coin Engineer<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/trump-orders-to-modernize-payment-systems\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Trump Orders to Modernize Payment Systems! - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"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\u2019s financial transactions. 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