hold on there's just too much going on in Congress lmao...
Bans banks from asking citizenship or immigration status.
Rep. Torres (D-NY), introduced in House.
Referred to House Financial Services Committee.
The bill prohibits banks, credit unions, and credit reporting agencies from collecting or sharing citizenship or immigration info. It also stops regulators from requiring this data. Rep. Torres sits on the Financial Services Committee, which will hold hearings. No vote yet.
Introduced Apr 30, 2026
This bill is under review by a committee. The committee holds hearings, gathers testimony from experts and stakeholders, and may propose amendments. If the committee votes to advance it, the bill moves to the full chamber for debate and a vote.
For everyday consumers, this means fewer hurdles to open a bank account. Undocumented immigrants could access financial services without fear. However, banks still must report suspicious transactions under anti-money laundering laws, so crime-fighting isn't weakened.
Supporters Say
Supporters say it ensures equal financial access and privacy regardless of immigration status.
Critics Say
Critics argue it could hinder enforcement of immigration laws and make it harder to track illegal financial activity.
Supporters highlight that the bill protects vulnerable communities and reduces discrimination. Critics worry that without citizenship data, banks can't verify if someone is lawfully present, potentially enabling fraud or avoiding detection.