Now it's being reported that Trump would like to bar non citizens from using banks, apparently including legal residents. The details haven't been worked out yet, according to the article. Of course there would be some existing legal barriers, but it goes back to a core underlying philosophy of the administration: foreigner= bad.
The Trump administration is considering requiring banks to collect proof of citizenship from customers via an executive order, multiple outlets reported on Tuesday.
The big picture: In addition to President Trump's expansive deportation efforts, his administration has escalated efforts over the past year to cut off noncitizens from access to jobs, aid and financial services.
https://www.axios.com/2026/02/24/tru...p-requirements
https://www.wsj.com/politics/policy/trump-administration-considers-action-requiring-banks-to-collect-citizenship-info-8e26f6d2?st=HtxdDw&reflink=article_imessage_share
Secondary issue: more government access and control of your personal information.
The Trump administration is considering requiring banks to collect proof of citizenship from customers via an executive order, multiple outlets reported on Tuesday.
The big picture: In addition to President Trump's expansive deportation efforts, his administration has escalated efforts over the past year to cut off noncitizens from access to jobs, aid and financial services.
https://www.axios.com/2026/02/24/tru...p-requirements
https://www.wsj.com/politics/policy/trump-administration-considers-action-requiring-banks-to-collect-citizenship-info-8e26f6d2?st=HtxdDw&reflink=article_imessage_share
Secondary issue: more government access and control of your personal information.
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