Trump administration considers requiring banks to collect customer citizenship data

The Trump administration is considering an order for banks to collect citizenship data. This policy change aims to track demographic information via banks.

The Trump administration is currently weighing an executive order or other federal action that would require U.S. USUS banks to collect citizenship information from their customers. This potential move, which is currently under consideration, was first reported by the Wall Street Journal on February 24, 2026.
U.S. President Donald Trump, flanked by Secretary of Commerce Howard Lutnick, speaks during a press briefing at the White House in Washington, D.C., on February 20, 2026, following the Supreme Court's ruling that he exceeded his authority when imposing tariffs. REUTERS/Kevin Lamarque/File Photo
U.S. President Donald Trump, flanked by Secretary of Commerce Howard Lutnick, speaks during a press briefing at the White House in Washington, D.C., on February 20, 2026, following the Supreme Court's ruling that he exceeded his authority when imposing tariffs. REUTERS/Kevin Lamarque/File Photo
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