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Fact Sheet: President Donald J. Trump Restores Integrity to America’s Financial System

News – The White House·The White House·3 days ago
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SECURING AMERICA’S FINANCIAL SYSTEM: Today, President Donald J. Trump signed an Executive Order to protect America’s financial system from illicit activity, strengthen customer identification requirements for financial institutions, and address the credit risks posed by extending financial services to non-work authorized illegal aliens. The Order directs the Secretary of the Treasury to issue a formal advisory to financial institutions identifying red flags and suspicious activity patterns tied to payroll tax evasion, concealment of true account ownership, off-the-books wage payments and structuring schemes, labor trafficking, and the use of individual taxpayer identification numbers to open accounts or obtain credit without verified legal presence.…

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