President Trump has taken another major step in his immigration enforcement agenda, this time targeting access to the American banking system.
In a new executive order issued Tuesday, the Trump administration directed the Treasury Department to increase scrutiny of financial activity tied to illegal immigration, including potential payroll tax evasion, concealed account ownership, off-the-books wage schemes, labor trafficking, and the use of Individual Taxpayer Identification Numbers (ITINs) without verified legal presence documentation.
Banks will now be pressured to strengthen customer identification requirements and think twice before handing out accounts, loans, credit cards, or any financial services to those here illegally.
In plain English: No more easy banking for illegal aliens. No more wiring billions in remittances back to foreign countries while American families struggle. No more using our financial system to launder cartel money or fund the very invasion destroying our communities.