Stephen Miller claims that removing banking access for illegal immigrants encourages them to leave on their own.

President Trump says Justice Department will target U.S. maternity travel programs

The Justice Department, along with the FBI, has announced the arrest of eight individuals linked to the Venezuelan gang Torren de Aragua, charged with kidnapping and murder in Texas and Illinois. Jonathan Fahey, former Acting ICE Director, provided insights into the implications of open border policies, the Biden administration’s role, and new strategies to address birth tourism. Meanwhile, Donald Trump has expressed his desire for reforms in birthright citizenship laws, while Alexandria Ocasio-Cortez has highlighted the potential costs associated with the end of Temporary Protected Status.

On Friday, Stephen Miller, Deputy Chief of Staff at the White House, stated that the Trump administration plans to restrict illegal immigrants from accessing bank accounts as a means to encourage their voluntary deportation from the U.S.

Miller discussed the administration’s current approach to curbing illegal immigration during an interview on the Clay Travis & Buck Sexton Show. He noted, “President Trump signed an executive order not long ago, prohibiting illegal aliens from utilizing banking services in the country.”

He emphasized, “Illegal aliens have access to credit cards and bank accounts and can receive payments through direct deposits. They are fully integrated into America’s financial and commercial systems. Cutting off this access is a significant step towards encouraging deportation,” he remarked.

Miller appeared to be referencing an executive order signed by Trump on May 19, which directs banks and federal regulators to scrutinize accounts and credit applications involving individuals without legal status or work authorization.

While the order does not explicitly mandate that banks deny services to undocumented immigrants, following its guidelines could make it increasingly challenging for them to engage within the financial system.

Federal agencies have already begun implementing actions based on this executive order.

In early June, the Consumer Financial Protection Bureau, under the direction of Russell Vought, issued guidance stating that lenders may need to consider an applicant’s immigration status and work authorization when assessing their repayment capabilities.

Miller also referred to guidance from three federal agencies, reminding supervised financial institutions to apply sound credit risk management practices when lending to borrowers who lack legal work authorization in the United States.