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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[–] 44 points 8 months ago (4 children)

They need to go back to what they were originally intended to be. 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.

The whole system is broken and corrupt though. So no simple fixes for any of the issues unless you consider tear it all down and start fresh as simple.

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  • [–] 20 points 8 months 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.

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