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Treasury Phasing Out Social Security Checks

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I'm Adam Shapiro within Fox Business -- the White House will nominate former federal prosecutor Mary Jo White.

The lead the Securities and Exchange Commission flight was the first woman to serve as the US attorney in Manhattan and if confirmed by the senate.

-- become the first prosecutor to head the SEC the president will announce the nomination during a ceremony at 2:30 PM eastern time.

Jobless claims fell last week hitting a five year low the Labor Department says 330000.

People filed for first time benefits.

Compared to the 355000.

Forecast.

And your Social Security check may not be in the mail come march the Treasury Department.

Has been phasing out the physical check over the past couple of years.

And -- direct deposit toward direct express debit card there are exceptions for people who live in remote areas.

That's the latest on the Fox Business Network giving you.

The power to cross.