quoting🔴The Trump administration is considering an Executive Order that would require banks to collect citizenship information on customers, per the Wall Street Journal.
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As such, the proposed Executive Order would deputize banks to function as defacto policing agencies to crack down on illegal immigration.
The Treasury is already pressuring banks to identify illegal immigrants and considering the potential re-underwriting of customers, as stated by Secretary Scott Bessent earlier this month.
L0laL33tz on Nostr: Not to be the one to point the big fat fascism-finger again, but the N*zi regime's ...
Not to be the one to point the big fat fascism-finger again, but the N*zi regime's use of the banking system to persecute its enemies was literally the only reason that Switzerland codified bank secrecy into law 👍