Treasury Secretary Scott Bessent Says the New Fraud Detection System Is Off to a Great Start

885 million payments worth a total of nearly $2.7 trillion.

Since March 2025, the screening has identified more than 4,900 disbursements, worth approximately $99 million, associated with deceased payees, according to the Treasury.

Bessent posted about this system on X, saying it addresses a “longstanding vulnerability.”

“Treasury has delivered on a key continue reading …