Jeanne Shaheen

09/23/2025 | Press release | Distributed by Public on 09/23/2025 08:37

Shaheen Joins Colleagues in Urging Trump Administration to Continue Issuing Paper Checks for Americans

The lawmakers wrote, in part: "Over 5 million households across the United States do not have a checking or savings account at a bank or credit union. These rates are particularly high among low-income households which cannot meet minimum balance requirements, as well as those who opt not to use these financial institutions due to trust or privacy concerns. As a result, these households are reliant on cash and paper checks. Overwhelmingly, older adults use cash and paper checks to conduct regular financial transactions. Hundreds of thousands of older and disabled adults frequently opt to receive government benefits, including earned benefits like Social Security, through paper checks. More than 120,000 veterans and survivors receive their disability compensation, survivor benefits, and other compensation through paper checks."
Jeanne Shaheen published this content on September 23, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on September 23, 2025 at 14:37 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]