French Hill Questions May 19 Trump Order Targeting Banks' Services to Illegal Immigrants
Updated
Updated · Punchbowl News · Jun 3
French Hill Questions May 19 Trump Order Targeting Banks' Services to Illegal Immigrants
2 articles · Updated · Punchbowl News · Jun 3
Summary
French Hill said Trump’s May 19 executive order pushing banks to help block illegal immigration would be difficult for regulated firms to carry out.
Hill, the Republican chair of the House Financial Services Committee, said banks are not equipped to identify whether customers are in the country legally and called the directive unworkable in practice.
The order warned banks not to extend credit or financial services to people deemed inadmissible or removable, widening immigration enforcement pressure onto the financial sector.
Hill’s criticism signals unease even within Trump’s party over how far banks can be drawn into immigration policing without clear compliance standards.