Stimulus money may start reaching the accounts tonight, says Mnuchin

WASHINGTON – Newly approved $ 600 stimulus checks could start being deposited into bank accounts on Tuesday night, according to Treasury Secretary Steven Mnuchin.

In a tweet, Mnuchin said his agency had sent payment instructions to the Federal Reserve and some payments could arrive in accounts by direct deposit on Tuesday night. He said the deposit process will continue next week.

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Mnuchin said paper checks will begin shipping on Wednesday.

People will be able to check the status of their stimulus payment later this week at irs.gov/getmypayment.

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