The majority of eligible Americans will receive their coronavirus aid payments no later than April 15, Fox News has learned.
A senior Treasury official told Fox News on Friday that by the middle of next week, tens of millions of eligible Americans will have money from the federal government directly deposited into their bank accounts.
Payments are already hitting some people’s accounts as of Friday evening, Fox News is told.
The official said Treasury is transmitting the batch of payments to the Federal Reserve for distribution to financial institutions across the nation. Those financial institutions will then distribute the payments into Americans’ bank accounts.