[Comments on Bureau of Public Debt TREASURY DIRECT System Regulations]

GAO commented on the Bureau of the Public Debt's recently finalized regulations governing Treasury bonds, notes, and bills, specifically the requirement that the Department of the Treasury make payments to owners of government securities by direct deposit into financial institutions rather than by checks sent directly to the owner. GAO noted that the Treasury's statutory authority included regulating the conditions under which it sells the securities. GAO found no legal basis to question the Bureau's actions.