{"id":139553,"date":"2026-07-18T14:23:50","date_gmt":"2026-07-18T18:23:50","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/stephen-miller-says-trump-administration-is-pursuing-policy-to-debank-illegal-immigrants-139553"},"modified":"2026-07-18T14:23:50","modified_gmt":"2026-07-18T18:23:50","slug":"stephen-miller-says-trump-administration-is-pursuing-policy-to-debank-illegal-immigrants","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/stephen-miller-says-trump-administration-is-pursuing-policy-to-debank-illegal-immigrants-139553","title":{"rendered":"Stephen Miller says Trump administration is pursuing policy to debank illegal immigrants"},"content":{"rendered":"<div>\n<p><a href=\"https:\/\/foxnews.com\/category\/politics\/executive\/white-house\" rel=\"noopener noreferrer\" target=\"_blank\">White House<\/a> deputy chief of staff Stephen Miller said Friday that the Trump administration is seeking to debank illegal immigrants as an incentive for them to self-deport from the United States.<\/p>\n<p>Miller gave an update on the White House&#8217;s latest tactic to deter illegal immigration during <a href=\"https:\/\/www.youtube.com\/watch?v=G1K0Jhi-TxQ&amp;t=603s\" rel=\"noopener noreferrer nofollow\" target=\"_blank\">an interview<\/a> Friday on The Clay Travis &amp; Buck Sexton show.<\/p>\n<p>&#8220;<a href=\"https:\/\/foxnews.com\/category\/person\/donald-trump\" rel=\"noopener noreferrer\" target=\"_blank\">President Trump<\/a> signed an\u00a0executive order a few weeks ago\u00a0saying that we are not going to allow\u00a0illegal aliens to use banking services\u00a0in this country,&#8221; Miller said.<\/p>\n<p>&#8220;Illegal aliens have credit cards, they have bank accounts, and they&#8217;re paid with direct deposit. So, illegal aliens fully participate in the commercial systems, the <a href=\"https:\/\/www.foxnews.com\/category\/banking\" rel=\"noopener noreferrer\" target=\"_blank\">financial systems<\/a> of America. Shutting that down is a massive engine for deportation,&#8221; he added.<\/p>\n<p><a href=\"https:\/\/foxnews.com\/politics\/obama-appointed-judge-blocked-trump-birthright-citizenship-order-strikes-throws-visa-overhaul\" rel=\"noopener noreferrer\" target=\"_blank\"><strong>OBAMA-APPOINTED JUDGE TORPEDOES TRUMP<\/strong><\/a>&#8216;<a href=\"https:\/\/foxnews.com\/politics\/obama-appointed-judge-blocked-trump-birthright-citizenship-order-strikes-throws-visa-overhaul\" rel=\"noopener noreferrer\" target=\"_blank\"><strong>S BID TO PROTECT US JOBS BY REFORMING CONTROVERSIAL IMMIGRATION POLICY<\/strong><\/a><\/p>\n<p>Miller was likely referring to an executive order Trump signed on May 19 that directed <a href=\"https:\/\/foxnews.com\/category\/politics\/finance\/financial-regulation\" rel=\"noopener noreferrer\" target=\"_blank\">banks and federal regulators<\/a> to increase scrutiny of accounts and credit applications involving immigrants without legal status or work authorization.<\/p>\n<p>The order did not explicitly instruct banks to deny credit cards or bank accounts to <a href=\"https:\/\/www.foxnews.com\/category\/us\/immigration\/illegal-immigrants\" rel=\"noopener noreferrer\" target=\"_blank\">illegal immigrants<\/a>, but compliance with it could make it more difficult for them to participate in the financial system.<\/p>\n<p>Federal agencies have already begun acting on Trump&#8217;s executive order.<\/p>\n<p><a href=\"https:\/\/foxnews.com\/politics\/trump-administration-orders-green-card-applicants-leave-us-apply-home-countries\" rel=\"noopener noreferrer\" target=\"_blank\"><strong>TRUMP ADMINISTRATION ORDERS GREEN CARD APPLICANTS TO LEAVE THE US, APPLY FROM THEIR HOME COUNTRIES<\/strong><\/a><\/p>\n<p>In early June, the Consumer Financial Protection Bureau, led by Russell Vought, issued guidance stating that lenders may \u2014 and in some cases must \u2014 consider applicants&#8217; immigration status and work authorization when assessing their ability to repay loans.<\/p>\n<p>Miller also referenced guidance from three federal agencies <a href=\"https:\/\/www.occ.gov\/news-issuances\/bulletins\/2026\/bulletin-2026-31.html\" rel=\"noopener noreferrer nofollow\" target=\"_blank\">issued<\/a> on July 13 &#8220;reminding supervised financial institutions to apply existing safe-and-sound credit risk management practices when lending to borrowers who are not legally authorized to work in the United States.&#8221;<\/p>\n<p>Both advisories serve to tell banks that illegal immigrants could be higher-risk customers for loans.<\/p>\n<p>Fox News Digital reached out to the White House for comment.<\/p>\n<\/div>\n<p><a href=\"https:\/\/www.foxnews.com\/politics\/stephen-miller-trump-administration-pursuing-policy-debank-illegal-immigrants\">Source &#8211; https:\/\/www.foxnews.com\/politics\/stephen-miller-trump-administration-pursuing-policy-debank-illegal-immigrants <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>White House deputy chief of staff Stephen Miller said Friday that the Trump administration is seeking to debank illegal immigrants as an incentive for them [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[16563],"tags":[],"stock_ticker":[],"class_list":["post-139553","post","type-post","status-publish","format-standard","hentry","category-market-news","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - 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