The U.S. Department of Treasury said it has achieved significant savings from its program to prevent fraud and improper payments.
\n\nThe effort fulfills a requirement of President Donald Trump’s executive order issued in March 2025 to protect America’s bank account against fraud, waste, and abuse, deploying streamlined fraud prevention tools and adding nine new data sources to the Do Not Pay program.
\n\nThis was accomplished by establishing additional safeguards to verify information before federal payments are disbursed by screening more than 1.1 billion federal payments totaling approximately $3.7 trillion. Through these screenings, Treasury identified and returned approximately 13,500 payments totaling $175 million that would have instead gone to deceased individuals.
\n\n“Treasury continues to transform how the federal government protects taxpayer dollars by using better data, stronger controls, and advanced technology to stop fraud and improper payments before money goes out the door,” Secretary Scott Bessent said in a statement on Tuesday, October 6.
\n\nIn the past year alone, Treasury built and deployed new safeguards that verified more than $3.7 trillion in federal payments and increased Do Not Pay access from 4 percent of programs to 99 percent, ensuring agencies have access to the data they need. We are moving beyond…
Original source: https://www.breitbart.com/economy/
