The administration is really over-reading their mandate.

BlokchainB

Morons. They won't stop their targets. Those folks will just go to underground banking, possibly enhancing organized crime who will set up shop to fill the financial vacuum. How do you think some families own so many motels, gas stations, cleaners and similar? It wasn't from bank small business loans, that's for sure. It was from family and private banking lending. Duh.

winteryeti

Doesn't sound like citizenship is required – which would be crazy – just being in the US legally.

SaThomas

LAXITIVA

grayruby

“Access to the American banking system is a privilege that should be reserved for those who respect our laws and sovereignty,” Cotton wrote in the letter. “

When individuals are allowed to open accounts without verifying legal status, we are permitting illegal aliens to establish financial roots and integrate economically, all while bypassing the legal channels that millions use properly

Politics_And_Law

>  “Access to the American banking system is a privilege that should be reserved for those who respect our laws and sovereignty,” Cotton wrote in the letter. “**When individuals are allowed to open accounts without verifying legal status, we are permitting illegal aliens to establish financial roots and integrate economically, all while bypassing the legal channels that millions use properly**.”