Keeping America’s Financial System Safe & Sound

NEC Director Kevin Hassett: "If a bank is making lots of loans to people that might be deported... then obviously that person's probably not going to pay back the loan—and so we view this as a financial stability measure that makes a great deal of sense." https://t.co/100Q6EM0if pic.twitter.com/hwE4CKXEZ6

— Rapid Response 47 (@RapidResponse47) July 14, 2026

In accordance with President Trump’s Executive Order, “Restoring Integrity to America’s Financial System,” @USOCC, @FDICGov, and @TheNCUA issued joint guidance to remind supervised financial institutions of their existing obligations with respect to credit risk management,… https://t.co/O2RaIa6Z5D

— Treasury Department (@USTreasury) July 14, 2026

… particularly as it relates to borrowers who are not legally authorized to work in the United States. Treasury and our bureaus are proud to use all tools at our disposal to keep America’s financial system safe and sound.