Executive Order Directs Changes to Financial System Regulations

President Trump recently issued an executive order titled "Restoring Integrity to America's Financial System." This directive mandates federal agencies, including Treasury and FinCEN, to re-evaluate risks associated with non-work authorized populations and cross-border financial activities. The order aims to significantly modify compliance standards for anti-money laundering, customer identification, and consumer credit underwriting, with rapid regulatory developments expected throughout 2026.