Trump immigration order for banks delayed amid Wall Street resistance, report says

Reuters03-20 17:13

March 20 (Reuters) - The Trump administration has delayed an executive order that could have required banks to collect and report additional information on customers' immigration status, after resistance from Wall Street and small community lenders, The Washington Post reported on Friday, citing people familiar with the matter.

Representatives of the banking industry argued that requiring existing customers to provide records verifying their citizenship status was not practical, the report added.

(Reporting by Anusha Shah in Bengaluru; Editing by Aidan Lewis)

((AnushaDevang.Shah@thomsonreuters.com;))

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