Trump demands that the Treasury Department 'modernize and centralize' its payment system

Wed, March 26, 2025

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Iowa bill to remove DEI programs in government moves forward

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Iowa bill prohibiting diversity, equity and inclusion advanced by Senate Republican majority

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Oregon Senate passes another bill to end annual switch between standard and daylight saving time

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Mon, March 24, 2025

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Trump demands that the Treasury Department 'modernize and centralize' its payment system

^{Published on 2025-03-26 01:41:08 - Cryptopolitan}

President Donald Trump on Tuesday signed two executive actions forcing the Treasury Department to move fast on modernizing how the federal government moves money. The orders require electronic payments to be used "whenever possible" and hand over full payment processing duties to the Treasury to stop fraud and tighten control.

The article discusses former President Donald Trump's call for the U.S. Treasury Department to modernize and centralize its payment system. Trump, through a statement on Truth Social, criticized the current system for being outdated and inefficient, suggesting that a modernized system could save billions of dollars annually. He emphasized the need for a centralized system to streamline government payments, reduce fraud, and enhance security. Trump's comments come in the context of his broader critique of government inefficiencies and his push for technological advancements in federal operations. However, the article notes that no specific legislative or executive actions have been proposed by Trump to achieve these changes, and it remains unclear how such a transformation would be implemented.

Read the Full Cryptopolitan Article at:
[ https://www.msn.com/en-us/politics/government/trump-demands-that-the-treasury-department-modernize-and-centralize-its-payment-system/ar-AA1BEu5y ]

N@N

Trump demands that the Treasury Department 'modernize and centralize' its payment system