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Social Security News 19 October 2025

Shocking U-Turn: Social Security Paper Checks Saved – Trump’s Stimulus Check Hype Debunked, Stocks Soar

Shocking U-Turn: Social Security Paper Checks Saved – Trump’s Stimulus Check Hype Debunked, Stocks Soar

What’s Behind the Paper-Check Change? In March 2025 President Trump signed an executive order (EO 14247) directing agencies to “eliminate physical payments…to the extent permitted by law” Kiplinger. By late summer, Treasury and SSA announced a Sept. 30 deadline to switch benefit checks to direct deposit or Treasury’s prepaid Direct Express card Ssa Treasury. The goal: save taxpayer money and speed…
19 October 2025
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Stock Market Today

  • US Stocks Slip, Gold Volatile After Trump's Fed Nominee Announcement
    January 30, 2026, 11:23 AM EST. U.S. stocks dipped modestly, with the S&P 500 and Dow Jones down 0.2% as markets digested President Trump's nomination of Kevin Warsh to lead the Federal Reserve. The Fed sets interest rates, impacting global markets and the economy. Warsh, a former Fed governor and Trump ally, may influence the Fed's approach to rate policies. The U.S. dollar initially tumbled versus other currencies before recovering. Precious metals markets saw wild swings, with gold prices falling 6% after a yearlong surge that doubled its value, and silver dropping nearly 14%. Investors worry Trump's pick could reduce Fed independence, affecting inflation control strategies.
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