The Trump Administration may require banks to request citizenship data from their customers, according to the Wall Street Journal.
White House officials are currently considering how to implement this mandate, the Journal reported on Tuesday. Possible avenues being explored include an executive order and policy update from the Treasury Department’s Financial Crimes Enforcement Network.
No government agency has released guidance on this potential rule at this time. However, Republican Sen. Tom Cotton of Arkansas posted on X that he plans to introduce legislation preventing undocumented immigrants from accessing U.S. banks.
About the Author
Staff Writer
Caryl Espinoza Jaen is a Nicaraguan-born staff writer for Manifest Law. As a writer, he strives to cover complex topics like immigration policy with clarity, accuracy, and precision.
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Immigration Lawyer to Manifest Law
Ana Gabriela Urizar is an award-winning immigration attorney licensed in Arizona and New York. With nearly a decade of experience, she advises global corporations on complex U.S. immigration matters. Originally from Guatemala, Ana Gabriela previously spent close to ten years at the world’s largest immigration firm, managing business immigration matters for leading technology, science, and financial companies. She has been recognized by Best Lawyers: Ones to Watch and Negocios Now’s Tri-State 40 Under 40.
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