The Trump administration’s plan to require banks to collect citizenship data could be bad for business and deter some people from banking in the US.
The Trump administration plans to require banks to collect citizenship data from account holders.
The proposed executive order could cost banks billions and add millions of hours of paperwork.
The rule could deter some people from banking in the US.
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Source: NewsBreak | Published: 2026-04-17T04:10:01Z
Credit: NewsBreak
