Episode
Checks Aren't Dead Yet | Annapolis News
- Published
- Jul 28, 2026
- Duration seconds
- 98
- Processing state
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- https://sources.thednn.ai/a06f4d985ac7d9e1
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Summary
The U.S. government’s push to kill paper checks is hitting a wall—despite President Trump’s executive order and the Treasury stopping new issuances, Americans still wrote 9.2 billion checks in 2024 worth $24 trillion. Professor Jay Zagorsky argues checks aren’t dead yet, noting they’re still vital for big purchases and avoiding credit card fees—especially for funeral expenses. While countries like Germany and Australia race to eliminate checks, Zagorsky says the U.S. still needs them, especially since average check amounts now top $2,600. Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/a06f4d985ac7d9e1