President Donald Trump has signed an executive order directing the Treasury Department to shut down bank accounts used to support illegal immigration.
Trump announced the order in a June 2 Truth Social post, saying it targets the banks, credit card companies, and other financial institutions that criminals use to move money tied to human smuggling, drug trafficking, illegal immigration, and cartels.
“Illegal Immigrants and Foreign Fraudsters steal BILLIONS every year from the American Taxpayer.” posted President Donald Trump, Truth Social, June 2.
Under the order, Trump said, accounts used to support illegal immigration or to hold government benefits paid to undocumented immigrants could be closed, seized, or forfeited.
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The White House and Treasury say criminal organizations run their money through the U.S. financial system to move and hide illicit funds. The new order tries to cut off that access at the bank level.
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The post Trump Signs New Order to Shut Down Illegal Bank Accounts appeared first on American Renaissance.
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