EXC: A Bill to Block Illegal Immigrants from U.S. Banking Gets the Nod from Trump’s Treasury.
Senator Tom Cotton introduced a bill to require covered financial institutions to verify new customers’ legal status.
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Senator Tom Cotton introduced a bill to require covered financial institutions to verify new customers’ legal status.
The article reports that Senator Tom Cotton introduced a bill requiring covered financial institutions to verify new customers’ legal status and barring people without legal status from opening or maintaining accounts. It says a Treasury statement appeared broadly supportive, but reports no opposing views or response from affected groups.
President whose immigration agenda is referenced in the Treasury statement
Treasury Secretary whom Cotton urged to review banking rules
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