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.

  • Pup Biru@aussie.zone
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    11 hours ago

    One thing that is correct that many people posting here seem not to understand is that there is no current residency requirement to open a bank account in the US

    okay… but… why is that a problem?