It May Be Tough for Banks to Avoid Trump's Immigration Crackdown

Also, fight on stablecoin rewards heats up at OCC

Donald Trump’s executive order pushing banks to scrutinize the citizenship of their customers was far less draconian than many in the industry feared. But lenders aren’t off the hot seat yet. There’s plenty in the document that could thrust them into the middle of the president’s broader immigration agenda, sources inside and outside the government say.

…