Bessent Discusses Order on Citizenship Information for Banks
Tuesday, 14 April 2026, 14:17
Bessent Discusses Order on Citizenship Information for Banks
Treasury Secretary Scott Bessent asserted that a proposed executive order mandating banks to collect citizenship information is in process during an interview with Semafor this week. He emphasized the necessity of having information on individuals within our banking system, noting, "And I don’t think it’s unreasonable, because why don’t we have information on who’s in our banking system?" Bessent's remarks reflect ongoing discussions about transparency in financial institutions.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.