Treasury Ends Federal Benefits, Cross-Border Funds Transfers for Illegal Aliens

At President Trump's direction, we are working to cut off federal benefits to illegal aliens and preserve them for U.S. citizens.

Treasury announced that it will issue proposed regulations clarifying that the refunded portions of certain individual income tax benefits are no longer available to illegal and other non-qualified aliens, covering the Earned Income Tax Credit, the Additional Child Tax Credit, the American Opportunity Tax Credit, and the Saver’s Match Credit.

Treasury Secretary Bessent

.@POTUS @realDonaldTrump is right—if you’re here illegally, there’s no place for you in our financial system.

Illegal aliens that use our financial institutions to move their illicitly obtained funds is exploitation, and it will end.https://t.co/mIy7fFWWNw.

— Treasury Secretary Scott Bessent (@SecScottBessent) November 28, 2025

… Today, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) is issuing an Alert as part of Treasury’s effort to prevent the exploitation of the U.S. financial system by illegal aliens in the United States seeking to move illicitly obtained funds. Annually over the past several years, the United States has witnessed a significant volume of cross-border funds transfers, including remittances from individuals located in the United States, and has taken multiple steps this year to highlight risks presented by cross-border financial activity.

This includes the cross-border transfer of funds derived from unlawful employment or otherwise derived from funds the MSB knows, suspects, or has reason to suspect were illicitly obtained in the United States.