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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsTrump's proposed order requiring banks to collect citizenship info could debank millions (especially women)
Last edited Tue Apr 14, 2026, 05:16 PM - Edit history (2)
Most of the "debanked" would be women, because it's harder for anyone who's changed their name -- including 80% of married women -- to prove their citizenship.
So the SAVE Act is a (disguised) effort to deprive women of the vote, and this proposed executive order would deprive many of their bank accounts.
identification documents from customers who wish to maintain their accounts
(which could be anything from passports to birth certificates) in order to check
citizenship.
Reports state that this will apply to both new and existing customers, although
the details of the order are not yet clear, such as exactly what documents will
be needed, how banks will handle individuals with unclear or missing records,
and whether exceptions would be allowed for vulnerable populations.
If implemented, the order could affect millions of Americans, such as those
without passports or birth certificates, those missing documentation, elderly
Americans born before standardized record-keeping, low-income individuals
who rely on basic checking accounts, and people living in states with slow or
costly document replacement processes.
The outlet American Banker has said that, as a result, Americans (even Trump's
own supporters) could be "debanked."
https://www.newsweek.com/trump-executive-order-could-debank-millions-of-americans-what-to-know-11826299
Also, as with the SAVE Act, REAL ID's would not be accepted, because they don't prove citizenship (except in 5 states with "Enhanced Driver's Licenses." )
The policy would be retroactive, which means banks would have to solicit documentation from current customers as well as future ones, the people said. REAL IDs, which do not prove citizenship, would not be considered eligible.
https://www.semafor.com/article/02/24/2026/trump-administration-weighs-citizenship-requirement-for-bank-account-holders
dalton99a
(94,554 posts)thucythucy
(9,108 posts)as millions of bank accounts and billions of dollars are in flux.
But then, chaos might well be the point.
Putin must be loving this.
B.See
(8,580 posts)who are now questioning a woman's right to even VOTE.
And Trump threatens to send Iran 'back to the stone age?'
But hey, all those MAGA women who ran out to VOTE for him oughta be thrilled.
orangecrush
(30,603 posts)kerry-is-my-prez
(10,300 posts)Youre right that a lot of Trump supporters will be debanked. Who tends to keep their maiden name? Females who tend to be better educated and are at the top of their careers. I would never change my name because I am known in my field and have published articles. Also all the single women, divorced women who go back to using their maiden names.
DBoon
(25,046 posts)Educated people who value the experience of international travel.
Not Trump supporters. They are proud of never having traveled outside the USA.