THENATIONALPULSE (Pulse Wires) - Trump Treasury Blocks $99 Million in Fraudulent Payments to Dead People.
The Treasury Department's verification system has already intercepted $99 million in improper payments, fulfilling a key Trump-era mandate to combat fraud and waste in federal spending.
The Treasury Department’s verification system has already intercepted $99 million in improper payments, fulfilling a key Trump-era mandate to combat fraud and waste in federal spending . PULSE POINTS WHAT HAPPENED: The Treasury Department announced Tuesday that it has implemented a new verification system designed to prevent federal payments from being issued to dead people, a move the agency says has already stopped approximately $99 million in improper payments. The system screens roughly 885 million federal payments against expanded death records, auditing nearly $2.7 trillion in payments and returning more than 4,900 transactions linked to deceased payees for further review. DETAIL: Treasury Secretary Scott Bessent said the…Open