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Joint Economic Committee members weigh direct deposit and AI to curb stolen Treasury checks
Summary
At a committee hearing, lawmakers and witnesses discussed rising theft of Treasury checks, citing GAO estimates of large improper-payment totals and constituent losses. Proposals centered on moving recipients to direct deposit, tracking checks, and building validated datasets for AI-based fraud detection.
A congresswoman told a Joint Economic Committee hearing that her district has seen a wave of stolen Treasury checks and urged steps including broader use of direct deposit, tracking of checks and application of artificial intelligence to detect fraud.
She cited large figures she said were discussed earlier: "the GAO estimates a total of 162,000,000,000 in improper payments in fiscal year 20 25 and more than 2,800,000,000,000.0 since 2003," and said her district had "roughly 400 constituent cases of stolen federal checks that total $5,400,000."…
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