An executive order requiring banking institutions to collect citizenship information is reportedly in the works.
During an interview with Semafor, Treasury Secretary Scott Bessent revealed that the Trump administration is currently in the process of drafting an order to require banks to gather proof of citizenship from account holders.
Read Full Article: https://www.bizpacreview.com/2026/04/15/executive-order-requiring-banking-institutions-to-collect-citizenship-information-still-in-the-works-1632723/