Treasury Signals Support for Bill Restricting Illegal Immigrants from U.S. Banking
The Treasury statement said the department would support President Trump’s immigration agenda using available tools.
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The Treasury statement said the department would support President Trump’s immigration agenda using available tools.
NewsTarget reports that the Treasury Department expressed support for the goals of Senator Tom Cotton’s proposed Know Your American Customer Act, which would require covered financial institutions to verify new customers’ legal status. The article says the measure’s path through Congress is uncertain and notes concerns about financial access and privacy.
President whose immigration agenda the Treasury statement says it supports
Senator who introduced the Know Your American Customer Act
Cotton's version of this story ↗Treasury secretary mentioned in connection with a prior review request and tax-benefit policy
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