Trump Signs New Order to Shut Down Bank Accounts: The Complete 2026 Guide to Financial Regulation Changes

ByBusiness Wire

Jun 3, 2026

Trump Signs New Order to Shut Down Bank Accounts: The Complete 2026 Guide to Financial Regulation Changes

President Donald Trump has signed an executive order directing the Treasury Department to shut down bank accounts used to support illegal immigration.

Trump announced the order in a June 2 Truth Social post, saying it targets the banks, credit card companies, and other financial institutions that criminals use to move money tied to human smuggling, drug trafficking, illegal immigration, and cartels.

Full read Story: https://au.finance.yahoo.com/news/trump-signs-order-shut-down-225333740.html

By Business Wire

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