Trump Orders Banks To Review Customers’ Citizenship Status
4 days ago
President Donald Trump has signed an executive order directing banks to take a closer look at customers’ citizenship status.
The order instructs federal regulators to identify signs of people without legal status opening bank accounts or receiving loans.
The White House says the policy is aimed at reducing financial risks if customers are deported before repaying debts.
Critics, however, are raising concerns about privacy and the handling of sensitive financial records.
The order instructs federal regulators to identify signs of people without legal status opening bank accounts or receiving loans.
The White House says the policy is aimed at reducing financial risks if customers are deported before repaying debts.
Critics, however, are raising concerns about privacy and the handling of sensitive financial records.
