Executive Order 14249: Protecting America's Bank Account Against Fraud, Waste, and Abuse

What the order contains

Section headings exactly as they appear in the official text.

• Sec. 1. Purpose
• Sec. 2. Policy
• Sec. 3. Treasury Verification of Agency Payments Information
• Sec. 4. Implementation and Compliance of Payment Verification
• Sec. 5. Core Financial System Consolidation
• Sec. 6. Reduction of NTDOs
• Sec. 7. Reporting and Implementation Requirements
• Sec. 8. General Provisions

Section 1, quoted from the order

Verbatim text from the signed document. These are the words of the document, not SaveYourState’s.

Promoting financial integrity and operational efficiency are critical responsibilities of the Federal Government. The Federal Government processes trillions of dollars annually in disbursements to individuals, businesses, and organizations, and in receipts from taxes, fees, and other payments to finance daily and long-term Government operations. These transactions flow into and out of the United States General Fund (General Fund), which might be thought of as America's bank account. In Fiscal Year 2024, $33.9 trillion flowed into the General Fund and $33.6 trillion flowed out of the account, including $5.87 trillion (less net interest) in benefits, grants, loans, vendor payments, and other disbursements. […]