Trump EOs Now Tightening Bank Scrutiny on Unauthorized Workers
President Trump has signed an executive order aimed at tightening bank scrutiny on unauthorized workers. The order seeks to close gaps in the financial system that allow illegal immigrants to access loans and banking services. It directs various financial regulators to enhance customer due diligence and identify suspicious activities related to financial fraud and abuse.
- ▪The executive order is titled 'Restoring Integrity to America's Financial System'.
- ▪It aims to prevent illegal aliens from accessing financial services such as loans and mortgages.
- ▪The order directs the Secretary of the Treasury to issue advisories on identifying suspicious activities related to payroll tax evasion and labor trafficking.
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Trump EOs Now Tightening Bank Scrutiny on Unauthorized Workers By Ward Clark | 11:48 AM on May 20, 2026 The opinions expressed by contributors are their own and do not necessarily represent the views of RedState.com. AP Photo/Rebecca Blackwell The illegal immigration issue seems to grow new facets every time we turn around. A lot of the problem is, as we've often discussed, incentives; people take risks to enter the country illegally and remain in the country illegally because there are incentives for them to do so. Some of those incentives are financial, including the ability to obtain loans and even mortgages. There are also gaps in our banking systems that allow them to be exploited to move money gained through illegal means.
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