{"id":2605742,"date":"2026-05-22T07:54:00","date_gmt":"2026-05-22T11:54:00","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/trump-cracking-down-on-illegal-immigrants-through-financial-system\/"},"modified":"2026-05-22T07:57:03","modified_gmt":"2026-05-22T11:57:03","slug":"trump-cracking-down-on-illegal-immigrants-through-financial-system","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/trump-cracking-down-on-illegal-immigrants-through-financial-system\/","title":{"rendered":"Trump cracking down on illegal immigrants through financial system"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">18<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Ftrump-cracking-down-on-illegal-immigrants-through-financial-system%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2605742&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>The Trump management has issued a new executive order directing U.S. banks to incorporate customers\u2019 citizenship status into certain decisions as part of a broader push to restrict services and better track illegal immigration. Banks will be required to report potential payroll tax evasion, suspected shell companies, and cases involving the use of an Individual Taxpayer Identification Number (ITIN). The directive-set to take effect in 90 days-also asks Treasury and regulators to look for signs that illegal immigrants are using bank accounts, loans, or credit cards.<\/p>\n<p>The administration says the goal is to protect the financial system from risk while limiting access to services for people described as \u201cinadmissible and removable.\u201d It builds on other recent policies that curtailed public benefits for many undocumented immigrants and tightened eligibility for tax credits, including actions that restrict refundable tax credits to people with Social Security numbers. The article also points to a court-approved <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/ukraine-captures-russias-newest-air-defense-systems\/\" title=\"Ukraine Captures Russia\u2019s Newest Air Defense Systems\">data-sharing system<\/a> between DHS and the IRS and efforts to provide federal grants to states for access to databases such as DMV records and voter registration.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<article class=\"fn-body\">\n<p class=\"wp-block-paragraph\">The federal government will soon require U.S. <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/washingtonexaminer.com\/tag\/finance\" type=\"link\" id=\"washingtonexaminer.com\/tag\/finance\">banks<\/a> to consider the citizenship of customers, the latest move in the <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/washingtonexaminer.com\/tag\/trump-administration\" type=\"link\" id=\"washingtonexaminer.com\/tag\/trump-administration\">Trump administration<\/a>\u2019s efforts to impose financial restrictions and digitally track illegal immigrants in the United States.<\/p>\n<p class=\"wp-block-paragraph\">President Donald Trump signed an executive order this week that adds to the long list of actions the White House and federal agencies have taken in his second term to make <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/immigration\">immigration<\/a> enforcement a whole-of-government effort, not just limited to the Department of Homeland Security.<\/p>\n<section class=\"explore-more-section\" id=\"wex-recommended-widget\">\n<div class=\"magazine-container single\">\n<h1 class=\"magazine-title mt-2\">Recommended Stories<\/h1>\n<p>             <i class=\"fa-solid fa-play icon\"><\/i>         <\/div>\n<div class=\"explore-grid\">\n<div class=\"explore-card\">                         <a href=\"https:\/\/www.washingtonexaminer.com\/policy\/finance-and-economy\/4577163\/mamdani-bezos-tax-cuts-new-york-teachers\/?itm_source=parsely-api\">                             <\/p>\n<div class=\"explore-thumb-wrap\">                                                                                                                                  <\/div>\n<h3>Mamdani spars with Bezos over <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/passage-of-housing-legislation-would-be-big-win-for-both-parties-zach-halaschak\/\" title=\"Passage of housing legislation would be &#039;big win&#039; for both parties: Zach Halaschak\">tax cuts helping teachers<\/a>: \u2018Beg to differ\u2019<\/h3>\n<p>                         <\/a>                     <\/div>\n<div class=\"explore-card\">                         <a href=\"https:\/\/www.washingtonexaminer.com\/policy\/finance-and-economy\/4575342\/house-updates-institutional-investor-provision-housing-bill\/?itm_source=parsely-api\">                             <\/p>\n<div class=\"explore-thumb-wrap\">                                                                                                                                  <\/div>\n<h3>House updates institutional investor provision in bipartisan housing bill<\/h3>\n<p>                         <\/a>                     <\/div>\n<div class=\"explore-card\">                         <a href=\"https:\/\/www.washingtonexaminer.com\/policy\/finance-and-economy\/4574201\/trump-kevin-warsh-do-what-he-wants-fed-interest-rates\/?itm_source=parsely-api\">                             <\/p>\n<div class=\"explore-thumb-wrap\">                                                                                                                                  <\/div>\n<h3>Trump going to let Warsh \u2018do what he wants to do\u2019 at Fed with interest rates<\/h3>\n<p>                         <\/a>                     <\/div>\n<\/p><\/div>\n<\/section>\n<p class=\"wp-block-paragraph\">Trump\u2019s latest <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.whitehouse.gov\/presidential-actions\/2026\/05\/restoring-integrity-to-americas-financial-system\/\">action<\/a> requires banks to <a href=\"https:\/\/amzn.to\/3YuVZYV\" >report payroll tax evasion<\/a>, suspected shell companies, and the unverified use of an Individual Taxpayer Identification Number. ITINs are nine-digit tax processing numbers that the IRS issues to foreigners to file taxes. <\/p>\n<div class=\"article-paywall\">\n<p class=\"wp-block-paragraph\">It also directed the Treasury Department and bank regulators to look for indicators that illegal immigrants are using bank accounts, loans, or credit cards with major financial institutions in the U.S. The plan will take effect in 90 days.<\/p>\n<p class=\"wp-block-paragraph\">The White House touted the plan as a way to avoid putting the financial system at risk by extending credit or financial services to the \u201cinadmissible and removable alien population.\u201d<\/p>\n<p class=\"wp-block-paragraph\">Unlike in Trump\u2019s first term, the White House has chosen this time around to make life uncomfortable for people who illegally entered the U.S. and are allowed to reside in the country during immigration court proceedings or are illegally living in the country.<\/p>\n<p class=\"wp-block-paragraph\">Last year\u2019s One Big Beautiful Bill Act blocked the large majority of illegal immigrants from accessing any public benefits, including health insurance and food stamps. The bill also blocked illegal immigrants with U.S. citizen children from being eligible for the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-eyes-expanding-welfare-state-overturning-clinton-era-reform\/\" title=\"Biden Eyes Expanding Welfare State, Overturning Clinton-Era Reform\">annual child tax credit<\/a>, worth up to $2,200 per child in 2026.<\/p>\n<p class=\"wp-block-paragraph\">The Treasury Department took it further and reclassified refundable tax credits as \u201cfederal public benefits,\u201d a move that prevents anyone who does not have a Social Security number from receiving that money.<\/p>\n<p class=\"wp-block-paragraph\">Although people paroled into the country or awaiting an immigration court date may have temporary status to be present in the country, they do not have Social Security numbers.<\/p>\n<p class=\"wp-block-paragraph\">Last May, a federal court approved the use of a data-sharing system between DHS and the IRS, allowing Immigration and Customs Enforcement to use tax filing records, including personal information on those records, in its efforts to locate and arrest illegal immigrants.<\/p>\n<p class=\"wp-block-paragraph\"><strong><a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/4576866\/washington-examiner-full-interview-border-czar-tom-homan\/\">TRANSCRIPT: WASHINGTON EXAMINER\u2019S FULL INTERVIEW WITH WHITE HOUSE BORDER CZAR TOM HOMAN<\/a><\/strong><\/p>\n<p class=\"wp-block-paragraph\">The Trump administration is also pushing to offer federal grants to states that give it access to state-run Department of Motor Vehicles and voter registration databases.<\/p>\n<p class=\"wp-block-paragraph\">The State Department announced last year that it was using artificial intelligence to screen immigrant and visa applications against social media websites in an effort to determine if applicants had espoused anti-American or pro-terrorist views.<\/p>\n<p class=\"wp-block-paragraph\"><\/p>\n<\/div>\n<\/article>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Trump signs order requiring banks to check customer citizenship<\/p>\n","protected":false},"author":2655,"featured_media":2605743,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2026\/05\/trump-finance-approach-self-deportations.jpg?w=696","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[32282,80107,32165,3813,3634],"class_list":["post-2605742","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","tag-border-policy","tag-financial-sanctions","tag-illegal-immigrants","tag-immigration","tag-trump"],"fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2026\/05\/trump-finance-approach-self-deportations.jpg?w=696","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2605742","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/2655"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2605742"}],"version-history":[{"count":3,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2605742\/revisions"}],"predecessor-version":[{"id":2605750,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2605742\/revisions\/2605750"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2605743"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2605742"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2605742"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2605742"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}