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The largest banks in the United States collectively raked in tens of billions of profits in the second quarter, despite the war in Iran and persistent inflation.
The threats come after a bank in Tehran was hit in overnight attacks.
Iran's foreign minister said the country's largest bank was hit in an overnight strike, and another spokesperson has threatened retaliation on major U.S. banks because of the bombing. NewsNation anchor Connell McShane speaks to The Associated Press Gulf and Iran news director Jon Gambrell about the latest threats. Get a fast-paced look at the latest from the border to Main Street to the White House on "NewsNation Live" with Connell McShane. Weekdays starting at 3p/2C. NewsNation is your source for fact-based, unbiased news for all Americans.
PULSE POINTSWHAT HAPPENED: The Trump administration is considering an Executive Order requiring banks to gather citizenship information from customers.WHO WAS INVOLVED: The Trump administration, U.S. banks, and Treasury Department’s Financial Crimes Enforcement Network (FinCEN).WHEN & WHERE: Discussions are believed to be ongoing as of February 2026.IMPACT: The order would allow the Trump administration to open […] The post Trump Planning Executive Order to Make Banks Collect Citizenship Data: Report. appeared first on The National Pulse .
PULSE POINTS WHAT HAPPENED: The Trump administration is considering an Executive Order requiring banks to gather citizenship information from customers. WHO WAS INVOLVED: The Trump administration, U.S. banks, and Treasury Department’s Financial Crimes Enforcement Network (FinCEN). WHEN & WHERE: Discussions are believed to be ongoing as of February 2026 . IMPACT: The order would allow the Trump administration to open a new front in the financial sector as part of its ongoing efforts to deport millions of illegal immigrants unlawfully residing in the U.S. IN FULL President Donald J. Trump is considering a new Executive Order mandating that banks operating in the United States require citizenship documentation from customers. The order…Open