Regulators issue new guidance on bank lending risk tied to borrowers living illegally in US
Newest development Federal Regulators Direct Banks to Scrutinize Loans to Illegal Aliens
The Trump administration is cracking down on banks lending to people living in the U.S. illegally. On Monday, financial regulators planned to issue guidance reminding banks of their know-your-customer requirements.
Developments in this update
Feds warn banks on lending to unauthorized workers
- Newest
Federal Regulators Direct Banks to Scrutinize Loans to Illegal Aliens
Reports & sources
Breitbart News
Trump Administration Cracks Down on Banks Lending To Illegal Aliens (opens Breitbart News)Breitbart News's feed description
KOB 4
FOX Business
Feds warn banks on lending to unauthorized workers (opens FOX Business)FOX Business's feed description
American Greatness
Federal Regulators Direct Banks to Scrutinize Loans to Illegal Aliens (opens American Greatness)American Greatness's feed description
Townhall