Don’t turn banks into border agents

Source: Washington Examiner · Bias: Center Right

Summary

Washington is floating a plan that would force banks to collect and verify customers’ citizenship information, with Treasury Secretary Scott Bessent saying the order is “in process.” The intention may sound good to some: Deal with illegal immigration and tighten enforcement. But good intentions don’t excuse bad policy design. This plan would make law-abiding Americans […]

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Don’t turn banks into border agents
Washington Examiner

Don’t turn banks into border agents

Center Right

Washington is floating a plan that would force banks to collect and verify customers’ citizenship information, with Treasury Secretary Scott Bessent saying the order is “in process.” The intention may sound good to some: Deal with illegal immigration and tighten enforcement. But good intentions don’t excuse bad policy design. This plan would make law-abiding Americans […]