President Donald Trump announced a sweeping new crackdown on the financial infrastructure supporting illegal immigration, revealing that his administration will move to shut down bank accounts used to facilitate illegal immigration, human smuggling, cartel activity, and even accounts used to store welfare benefits received by illegal aliens.

The Gateway Pundit reported last month that in a new executive order, the Trump administration directed the Treasury Department to increase scrutiny of financial activity tied to illegal immigration, including potential payroll tax evasion, concealed account ownership, off-the-books wage schemes, labor trafficking, and the use of Individual Taxpayer Identification Numbers (ITINs) without verified legal presence documentation.

Banks will now be pressured to strengthen customer identification requirements and think twice before handing out accounts, loans, credit cards, or any financial services to those here illegally.