It’s another method to discourage illegals from coming to the US and incentivize illegals/fake asylum seekers to leave. But, there’s another big reason to this
Trump Moves to Tighten Banking Access for Non-Citizens
President Donald Trump is moving to tighten access to financial systems for non-citizens in the U.S. amid his Administration’s broader crackdown on immigration.
On Tuesday, Trump signed an executive order, titled “Restoring Integrity to America’s Financial System,” that would require banks to treat a customer’s immigration status as a factor in evaluating potential financial risk.
The new order directs the Treasury Secretary and federal financial regulators to issue guidance to banks on identifying customers whose profiles or transactions potentially indicate risks like money laundering, terrorism financing, and labor trafficking in line with the 1970 Bank Secrecy Act. Those changes are intended to “account for the risks foreign consular identification cards pose to the integrity of the United States financial system,” the order said.
The order describes “red flags and typologies” associated with suspicious activity. Among these are repetitive cash withdrawals, the use of shell companies to conceal true account ownership, and the use of certain platforms for “off-the-books” wage payments.
You can see this is aimed a lot at the amount of scam money being sent overseas, particularly to Somalia, by legal and illegal aliens (FYI, alien in federal law means “not a US citizen”)
The move could make it more difficult for non-citizens, especially undocumented immigrants, to access financial services, even for legitimate reasons. The Administration has aggressively clamped down on both legal and illegal immigration in the U.S. It has detained and deported people en masse, including some with lawful immigration status; increased scrutiny for visa and citizenship applications; and restricted immigrants’ access to public services. Large-scale immigration raids have ignited protests across the country, which have ended in the killings of several Americans by federal agents.
Good.
The fact sheet claimed that “gaps in customer identification practices have allowed terrorists, drug traffickers, money launderers, and other criminal networks to exploit U.S. financial institutions to move illicit funds and evade law enforcement,” citing documented Chinese-linked money laundering networks.
The White House also pointed to cases of banks extending mortgages, credit cards, and loans to undocumented immigrants and employers underreporting wages for undocumented employees, arguing that associated “costs are passed on to American consumers in the forms of higher fees and interest rates.”
Why would a bank give a loan to illegals who face deportation? Many here on work and school visas have trouble getting loans from any institution other than very specialized ones. Many go for leases because their visas are for 3 years.
Forcing illegals out of banking means forcing them into the cash economy. Of course, many of their small businesses operate on cash anyway.
We see that Donny has immunized himself, family and companies from IRS audits and oversight in perpetuity. No doubt worth hundreds of millions!!
Mortgage foreclosures are at a 6 year high
Trump economy sucks
The average length that an undocumented has been in the USA is 10 years
Deporting those hard working military aged men had hurt an already weak economy. Most/many of whom worked under individual tax numbers
Uber-corrupt Donny’s $1.776 BILLION slush fund amounts to $1 MILLION per each Jan 6 police assaulter!! These are your tax dollars!
Makes you sorry you didn’t smack police, doesn’t it?
Todd Blanche, craving the AG job, is incompetent. He lost 34 felonies felony cases for his boss.
Shocking? Well not really.
https://www.realclearpolitics.com/articles/2026/05/19/thousands_of_illegal_aliens_live_in_taxpayer-funded_housing_trump_is_ending_it_154133.html
Bwaha! Lolgf!
MAGA47 Motherfuckers!
there are well over 1,000,000 fed tax payer funded units
6000 illegals?
oh my oh my.
people died? that happens. lawfully evict them.
has he? or will they be allowed to stay?
How are we going to be able to afford a ballroom for King Donny when there are like 6000 in public housing who do not belong there??? Puppy Killa is SHOCKED AND OUTRAGED!!!
Again johnnie boy has difficulty with actual numbers and reading comprehension.
American Values
2 days ago
Research has shown that increased immigrant deportation slows housing construction, drives up home prices and leads to job losses for American-born workers. The residential construction industry has been slowing. Permits for new housing units were down 7.4 percent year-over-year in March 2026, to 1.372 million units. In April 2026, residential construction jobs were down 1.5 percent year-over-year.
“Given high interest rates, given rising material prices and fewer people available to provide roofing, tiling, carpeting and other flooring services, it renders fewer projects financially viable,” said Anirban Basu, the chief economist to Associated Builders and Contractors, a national trade organization.
Projects that once took Samantha Jones, a general contractor in South Florida, two or three months to complete now take five or six. Last year, Ms. Jones lost 14 of her 34 workers through arrest or self-deportation, including 11 in a span of three weeks last August, nearly driving the company she’s owned for 17 years out of business. “People think we hire migrant workers because they’re cheap labor,” Ms. Jones said. “It’s not because they’re cheap labor; it’s just that their skill set fits our industry better.” Ms. Jones anticipates raising the prices she charges clients by 15 percent .
And apparently Rimjob has the same mental deficiencies as johnnie boy.
Learn to edit and code, fatso.
TL:DNR
Did it ever occur to you that I do it to make sure you read and reply
/ Your emotions are mine to play with.
being called “johnnie boy” at 78 is awesome. Sometimes when others ask about why I am in college now I tell them I am immature.
spelling ? lol my cursive writing is hideous!
many muslims do not bank in traditional US banks. Their banks charge no interest on mortgages (halal) it is more like a 20 or 30 year rent to own program
My Pillow’s Mike Lindell wants $400 million from the trump slush fund. Enrique Tarrio (Proud Boyz), convicted of sedition, wants $2-5 million. George Santos wants a taste. No doubt Matt Gaetz will join the line.
It was only $90 million.
https://www.foxnews.com/live-news/doj-minnesota-fraud-announcement-feeding-our-future-sentencing-may-21
Fat Donny is spending $ 1 billion a day ruining the oil markets for consumers (but his billionaire patrons love him!!).
He wants a billion for his Ballroom.
He wants nearly 2 billion for his slush fund.
and on and on…
The debt is careening to $40 TRILLION! $40,000,000,000,000
Austerity is for the working class not the Golden Boy!