Treasury reports screening 1.1 billion federal payments in fiscal 2026

federal building exterior Photo: Carol M Highsmith (CC0) via Openverse

The Department of the Treasury announced that it screened over 1.1 billion federal payments totaling approximately $3.7 trillion during fiscal year 2026. The department stated that its bank-account verification system became fully operational on September 30, 2026, following a pilot program. Treasury officials reported that the Do Not Pay system identified and returned about 13,500 payments worth $175 million that were intended for deceased individuals. These measures were implemented under Executive Order 14249, which aims to prevent fraud and waste in federal disbursements.

Read the full story at mainstreetdollars.com.

Photo: Carol M Highsmith (CC0) via Openverse