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Trump Phases Out Paper Checks for Electronic Payments

3/26/2025

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Story summary
  • On March 25, 2025, President Trump took a bold step by signing an executive order to phase out paper checks by September 30, 2025, ushering in a new era of electronic payments. This transformative initiative seeks to combat fraud and cut costs, while ensuring that those without banking access are still supported through a public awareness campaign.