REPORT: Trump admin considers requiring banks to verify citizenship information.
— Election Wizard (@ElectionWiz) February 24, 2026
The Trump administration is mulling an executive order or a different action that would have banks collecting citizenship information from their customers, according to reports.
The Wall Street Journal reported Tuesday that Treasury Department officials have discussed steps that could have banks gathering citizenship information from customers in a move that would align with Trump’s crackdown on immigrants living in the U.S. illegally.
According to sources familiar with the matter, the action could ultimately direct banks to request an unprecedented new category of documents — such as a passport — from customers looking to open or maintain accounts.
https://www.foxbusiness.com/politics/trump-eyes-bank-citizenship-checks-amid-immigration-crackdown