Stop Making It Easy for Illegal Aliens to Bank in the US

A recent Biden administration dictate warns lenders to be wary of discriminating against people here illegally. Why?
Stop Making It Easy for Illegal Aliens to Bank in the US
Open floodgates provide easy access for illegal aliens crossing into the United States from Mexico along the southern border wall fence in Douglas, Ariz., on Aug. 24. Allan Stein/The Epoch Times
J.G. Collins
Updated:
Commentary

Earlier this month, the Consumer Protection Finance Bureau and the Justice Department issued a warning to lenders to remind “financial institutions that all credit applicants are protected from discrimination on the basis of their national origin, race and other characteristics covered by the Equal Credit Opportunity Act (ECOA), regardless of their immigration status.”

J.G. Collins
J.G. Collins
Author
J.G. Collins is managing director of the Stuyvesant Square Consultancy, a strategic advisory, market survey, and consulting firm in New York. His writings on economics, trade, politics, and public policy have appeared in Forbes, the New York Post, Crain’s New York Business, The Hill, The American Conservative, and other publications.
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