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IPFS News Link • Economy - Economics USA

Stimulus Checks Delayed: To Get Trump's Signature On Them?

• https://moneymaven.io, by Mish

The New York Times reports Stimulus Checks Will Include Trump's Name

President Trump's signature will appear on the economic stimulus checks that will be mailed to millions of Americans beginning next month, the Treasury Department confirmed on Tuesday.

The decision to have Mr. Trump's name appear on the checks, which is a break in protocol, was made by the Treasury Department after Mr. Trump suggested the idea to Treasury Secretary Steven Mnuchin, according to a Treasury official. The president's name will appear on the "memo" section of the check because Mr. Trump is not legally authorized to sign such disbursements.

The decision to have Mr. Trump's signature on the checks was first reported by The Washington Post, which said the move would result in a delay for getting the checks out the door because of technology changes needed to include the new signature.