Michael Fortune
26 February 2026
Recently, there have been rumblings from the Trump administration about a potential executive order that could change the landscape of banking in the U.S. This proposal would require banks to collect proof of citizenship from everyone who wants to open or maintain a bank account—new customers and current account holders alike. This isn't just a minor tweak; it's part of a larger strategy around immigration enforcement. The idea is to ensure that only U.S. citizens have access to certain financial services, making the banking system a gatekeeper of sorts. Now, one of the intriguing aspects of this proposal is that it would mandate banks to ask existing customers for documentation that verifies their citizenship, such as passports. Imagine receiving an email from your bank asking for proof of citizenship when all you want to do is check your balance! Naturally, this has sent waves through the banking industry, sparking serious concern among financial institutions. You see, implementing such a requirement isn’t as straightforward as it sounds. Become a supporter of this podcast: https://www.spreaker.com/podcast/conspiracy-theories-exploring-the-unseen--5194379/support.
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