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


//politics-government.news-articles.net/content/ .. modernize-and-centralize-its-payment-system.html
Published in Politics and Government on Wednesday, March 26th 2025 at 1:41 GMT by Cryptopolitan   Print publication without navigation

  • 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 Trump, through a statement on Truth Social, criticized the current system for being outdated and inefficient, suggesting that a modernized system could save billions of dollars annually.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 ]

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