Monday, June 8, 2026

Trump orders U.S. banks to stop serving undocumented immigrants, confiscate existing accounts

Since returning to the White House last year, Mr Trump has moved to limit immigration into the U.S., citing a high rate of visa overstays and identity fraud, among other issues.

• June 3, 2026
Trump signing documents, ICE cracking down on immigrants
Trump signing documents, ICE cracking down on immigrants

U.S. President Donald Trump said on Tuesday that he signed an executive order authorising the seizure of funds in bank accounts of undocumented migrants and those suspected of aiding illegal immigration.

Mr Trump said in a post on his Truth Social platform that the Treasury Department will implement the directive that blocks credit cards, banks, and financial institutions from “being used for human smuggling, drug trafficking, illegal immigration, and the criminal cartels who orchestrate these activities”.

He accused undocumented migrants of stealing billions of dollars from American taxpayers, describing his “powerful” order as a “historic” effort to combat fraud and massive illegal immigration.

“Bank accounts being used to enable illegal immigration, or to store the welfare received by illegal aliens, will be shut down, and funds will ultimately face impoundment and seizure so they can be returned to taxpayers,” he stated.

He added, “My executive order will also allow us to stop billions in leaving our country in all manner of criminal activity.”

The president maintained that illegal migrants should not have access to the U.S. financial systems.

Mr Trump said it is dangerous for “illegal aliens” to have access to financial services by presenting a driver’s licence issued by Democratic-led states—which allows undocumented migrants to obtain the licence irrespective of their status—and a “Biden border document”.

The president typically refers to the immigration paperwork issued to asylum seekers and migrants during the former President Joe Biden’s administration as the “Biden border document”.

“It is not ludicrous, but profoundly dangerous, that any illegal alien can simply present a blue state driver’s licence, or Biden border document, and have unrestricted access to the U.S. financial system,” he said.

Mr Trump rebuffed criticism of U.S. Immigration and Customs Enforcement, saying protesters’ “violent disruptions” further strengthen his administration’s policies.

He added that his crackdown on immigration has been deemed “the most effective means of reversing Biden’s border invasion”.

Mr Trump frequently uses “Biden’s border invasion” to describe the influx of migrants during Mr Biden’s administration.

Since returning to the White House last year, Mr Trump has moved to limit immigration into the U.S., citing a high rate of visa overstays and identity fraud, among other issues.

On October 30, 2025, the president also announced that refugee admissions would be capped at 7,500—the lowest level since 1980—for 2026, which runs from October 2025 to September 2026.

Mr Trump reduced the number of refugees to 7,500 from over 100,000 admitted under Mr Biden.

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

farmers

Agriculture

FG tasks ECOWAS on leveraging financing strategies for agroecology

The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Katsina State

Politics

Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

Omar Artan

Sport

U.S. blocks Somali referee Omar Artan from entering country for 2026 World Cup

He had travelled on a diplomatic passport issued by Somalia Embassy in Nairobi.

Lagos Metropolitan Area Transport Authority

Lagos

LAMATA increases Blue Line daily trips from 90 to 94

Mr Ojelabi said weekday and Saturday train services would now commence at 6.00 a.m.

Hyacinth Alia.

States

Benue: Gov. Alia signs bill to generate, transmit electricity

The governor described the law as a major step towards unlocking the state’s economic potential.

U.S. Department of Justice

World

FULL LIST: Names, countries of individuals Trump admin revoked their American citizenship

Andrea Marroquin, 44, became a naturalised citizen in 2009 by concealing her crimes.

Senator Opeyemi Bamidele

NationWide

Senate targets quick passage of state police bill

He said the National Assembly was responding to widespread calls by Nigerians for state police.

Education

WAEC warns schools, supervisors against extortion of candidates

WAEC said reports revealed instances where candidates were compelled to pay money under various pretexts.