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Treasurer: Cherokee Nation finances holding amid federal shutdown; check-fraud surge prompted account changes
Summary
Treasurer Taylor told the council the tribe's fiscal conservatism and FY25 grant drawdowns have helped sustain services during a federal shutdown, and reported a recent increase in check fraud that prompted closing a checking account and a push toward direct deposit.
Treasurer Taylor told the Cherokee Nation Tribal Council that the tribe is operating through a lengthy federal shutdown but has been able to continue programs by drawing on FY25 grant balances and maintaining conservative fiscal practices.
"We are in the midst of a lengthy federal shutdown," Taylor said, adding the…
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