To prohibit covered financial institutions from collecting, maintaining, and disclosing information relating to the citizenship status and immigration status of consumers, and for other purposes.

Referred to the House Committee on Financial Services.

2026-04-30

Banks and other financial institutions would be banned from collecting, keeping, or sharing information about whether their customers are citizens or what their immigration status is. This would prevent financial companies from using this personal information in their business decisions or sharing it with other organizations. The rule would apply to all major financial institutions that serve consumers.