Executive Order 14247

Modernizing Payments To and From America's Bank Account

Signed 2025-03-25 in effect
Financial TechnologyGovernment OperationsPayments
Technology & Innovation

Directs Treasury to modernize federal payment systems.

Section by Section

What each section does, and how they differ.

Sec. 1 Modernizing Payments to and from America's Bank Account

Establishes policy framework and directives for agency implementation.

Sec. 2 Section 2

Section 2 provisions.

Sec. 3 Section 3

Phase Out of Paper Check Disbursements and Receipts.

Sec. 4 Section 4

Exceptions and Accommodations for the Phase Out of Paper Check Disbursements and Receipts.

Sec. 5 Section 5

Implementation and Compliance of Electronic Transactions.

Sec. 6 Section 6

Reporting Requirements.

Sec. 7 Section 7

Standard boilerplate: preserves existing agency authority, conditions the order on appropriations, and creates no enforceable private rights.