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This really angers me. With so many people out of work, not able to pay their bills, then what exactly does this accomplish???? Please don't start in on how these people are getting unemployment and should be able to live off that. Shades of the many comments I heard here when husband was laid off for two years.
https://www.peoplesworld.org/article...ur-1200-check/
WASHINGTON—Got plans for that $1,200 federal check you’re going to get from the $2.2 trillion economic stimulus law? Think again.
That’s because, in a webinar last week, top Trump Treasury officials gave the nation’s big banks permission to go ahead and seize the electronically sent checks, or parts of them, if your account is overdrawn.
They could even turn over your checks to debt collectors, one consumer advocate adds.
And if you’re getting a paper check instead, you’ll wait several months for it, rather than getting it the week of April 15. And Trump’s signature will be on it, right in the middle of the election campaign.
The American Prospect disclosed the banks’ permitted money grab in an April 14 article posted on its website. It posted the recording of the session, which was leaked, too.
The go-ahead signal came from Ronda Kent, the Treasury’s chief disbursing officer and assistant commissioner of its Bureau of Fiscal Service.
That’s because, in a webinar last week, top Trump Treasury officials gave the nation’s big banks permission to go ahead and seize the electronically sent checks, or parts of them, if your account is overdrawn.
They could even turn over your checks to debt collectors, one consumer advocate adds.
And if you’re getting a paper check instead, you’ll wait several months for it, rather than getting it the week of April 15. And Trump’s signature will be on it, right in the middle of the election campaign.
The American Prospect disclosed the banks’ permitted money grab in an April 14 article posted on its website. It posted the recording of the session, which was leaked, too.
The go-ahead signal came from Ronda Kent, the Treasury’s chief disbursing officer and assistant commissioner of its Bureau of Fiscal Service.