this post was submitted on 24 Feb 2026
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Donald Trump is considering a possible executive order that would require banks to make sure customers are U.S. citizens to create or keep their accounts, according to a new report.

The proposed action, reported byThe Wall Street Journal, would see banks collect information on individuals’ citizenship through requests for a new category of documents in order to open the accounts.

The Independent has contacted the White House for confirmation or further information about reports of the executive order, which has reportedly raised eyebrows among some banks in recent days.

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[–] OwOarchist@pawb.social 17 points 19 hours ago (3 children)

It wasn’t supposed to be a way to enact new laws, it was meant to give agencies direction on how to go about enacting and enforcing laws passed by congress.

EOs should be considered dead on arrival and unenforceable unless they begin and end by listing which laws passed by Congress they're meant to enforce and enact.

[–] queermunist@lemmy.ml 1 points 9 hours ago

The regime actually does this, sometimes, like with the illegal tariffs. They site the law they pretend lets them do what they want to do, even when it really doesn't.

[–] phutatorius@lemmy.zip 4 points 14 hours ago (1 children)

The problem isn't citations, it's the legislative branch and the courts not doing their duty of oversight.

[–] TehWorld@lemmy.world 1 points 9 hours ago

Yep. The courts could sort of solve this with a large rubber stamp that says “Nope”, but our court system has been replaced by a tall Australian Marsupial.