Stimulus checks could hit some bank accounts as soon as this weekend, White House says

A year into the pandemic, more than 18 million people are still receiving some form of unemployment benefit.

The next batch of stimulus checks will be deposited into some bank accounts this weekend, the White House said Thursday.

“People can expect to start seeing direct deposits hit their bank accounts as early as this weekend,” White House press secretary Jen Psaki said at a news briefing after President Joe Biden signed the American Rescue Plan into law on Thursday afternoon.

Psaki said that the checks are “the first wave” and they will continue to flow over “the next several weeks.” Continue reading.