Trump: Recently signed executive order targeting fraud in financial institutions.
Trump stated on social media platforms that illegal immigrants and foreign scam artists steal tens of billions of dollars from American taxpayers each year. As part of this administration's historic crackdown on fraud and large-scale illegal immigration, he recently signed a major executive order that will be led by the Treasury Department, prohibiting banks, credit card issuers, and various financial institutions from becoming tools to assist in human trafficking, drug trafficking, illegal entry, and behind-the-scenes manipulation of such criminal activities. Access to the U.S. financial system will be restricted only to individuals who are legally residing in the country and engaging in legitimate and compliant business activities. Any bank accounts used to assist illegal immigrants or store welfare funds for illegal immigrants will be closed, with the funds inside ultimately confiscated and returned to taxpayers. Illegal immigrants can currently use the U.S. financial system without restrictions by just using a driver's license issued by a blue state or a border document issued by the Biden administration, which poses a major hidden danger. This executive order also sends a clear signal to protesters of immigration and customs enforcement: your violent behavior will only strengthen our determination to crack down. With this executive order, billions of dollars in illegal funds flowing out of the country through various criminal activities can also be intercepted. Some believe that this new policy is the most effective measure to reverse the chaos of illegal border crossings during the Biden era, and its effectiveness will soon be revealed.
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