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The breakdown: The White House says it expects 158.5 million households to receive relief checks from the $1.9 trillion rescue package signed into law Thursday.  The Treasury Department began sending out direct payments over the weekend, though some banks won’t process them until later in the week. “It’s one thing to pass a historic piece of legislation like the American rescue plan and it’s quite another to implement it. The devil is in the details. It requires fastidious oversight to make sure the relief arrives quickly, equitably and efficiently with no waste or fraud,” Biden said Monday. The Relief Chief: To that end, the White House is bringing on Gene Sperling, a former top economic adviser to former presidents Clinton and Obama, to oversee implementation of the legislation.

United statesWhite houseDistrict of columbiaHill brett samuelsJanet yellenGene sperlingMorgan chalfantHill naomi jagodaJulie suAllison herren leeSenate finance committeeGoldman sachsWashington postFederal reserveOrganization for economic cooperationExchange commission