Gao news and trends

US Government Shuns Checks as GAO Highlights $43 Billion in Card Payments
Digital Payments // June 03, 2025

In March, President Donald Trump signed an executive order that mandated a shift away from paper checks for government-related transactions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Report: Federal Financial Regulators Should Ensure Protection of Personal Data
Regulation // January 14, 2022

A review of five U.S. financial regulators responsible for protecting consumers’ personally identifiable information (PII) revealed four have failed to follow key practices, such as documenting how they minimized IT systems’ collection and use of such data. Get the Full Story Complete the form to...

GAO Report Suggests Tightening Regulations on Crypto ATMs 
Cryptocurrency // January 12, 2022

As regulators worldwide consider ways to police cryptocurrency, the U.S. reports use of crypto payments to enable illegal human and drug trafficking is on the rise. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

GAO: Lack Of Controls Could Cause Double Payments With PPP Loans, Unemployment Benefits
Coronavirus // June 25, 2020

Federal agencies lack controls to ensure that Americans aren’t collecting unemployment while also getting paid by companies utilizing Paycheck Protection Program (PPP) loans, the U.S. Government Accountability Office (GAO) said in a scathing report issued Thursday (June 25). The study, which analyzed $2.6 trillion in...

Quick Reads
SEC Staffing Levels Dip 18% Under Trump

March 29, 2026
Staffing levels at the SEC have declined nearly 20% since 2025, new government data shows. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive […]

Report: Federal Financial Regulators Should Ensure Protection of Personal Data

January 14, 2022
A review of five U.S. financial regulators responsible for protecting consumers’ personally identifiable information (PII) revealed four have failed to follow key practices, such as documenting how they minimized IT...

GAO Report Suggests Tightening Regulations on Crypto ATMs 

January 12, 2022
As regulators worldwide consider ways to police cryptocurrency, the U.S. reports use of crypto payments to enable illegal human and drug trafficking is on the rise. Get the Full Story...

GAO: Lack Of Controls Could Cause Double Payments With PPP Loans, Unemployment Benefits

June 25, 2020
Federal agencies lack controls to ensure that Americans aren’t collecting unemployment while also getting paid by companies utilizing Paycheck Protection Program (PPP) loans, the U.S. Government Accountability Office (GAO) said...