Politico·2 min read·medium
Trump regulators move to curtail lending to undocumented immigrants - Politico
M
Michael Stratford
✦AI Summary
The Trump administration is moving to implement new regulatory guidance that would restrict financial institutions from lending to undocumented immigrants. The policy suggests requiring proof of work authorization for loan assessments.
The guidance also says that financial institutions might consider requiring customers to provide evidence of continuing work authorization, among other documentation, as part of their assessment of a…
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