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Biden Admin Threatens Banks That Refuse To Lend Money To Illegal Immigrants
MSN ^ | 10/12/2023 | Will Kessler

Posted on 10/13/2023 6:38:05 AM PDT by ChicagoConservative27

The Biden administration released a statement Thursday warning financial institutions against using a person’s immigration status in credit applications.

The Consumer Financial Protection Bureau (CFPB) and the Department of Justice (DOJ) released a joint statement telling financial institutions that while it is not illegal to consider a person’s immigration status in the decision on whether to lend money, an overreliance on it could run afoul of the law, according to the statement. The statement implicates the Equal Credit Opportunity Act (ECOA), which makes it illegal to discriminate on the basis of race, color, religion, national origin, sex and more in considering a person’s credit application as the mechanism, even though the law does list citizenship status as a protected attribute.

(Excerpt) Read more at msn.com ...


TOPICS: Breaking News; Business/Economy; Crime/Corruption; Culture/Society; Government
KEYWORDS: aliens; arrestbiden; assistantdemocrat; assistantdemocrats; banking; banks; biden; bidencrimefamily; bidentreason; bidenvoters; corrupticrats; creepstate; deepstate; demagogicparty; despotism; dictatorship; doj; fascism; fbi; fib; finance; hunterbiden; illegalimmigrants; illegals; lending; loserjoe; merrickgarland; migrantsurge; policestate; rino; rinos; singlepartystate; threatens; treason; welfare
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Fascism is ok when they do it
1 posted on 10/13/2023 6:38:05 AM PDT by ChicagoConservative27
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To: ChicagoConservative27

What’s the purpose of doing a credit check on someone who doesn’t have a valid Social Security number?


2 posted on 10/13/2023 6:40:37 AM PDT by Alberta's Child (If something in government doesn’t make sense, you can be sure it makes dollars.)
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To: ChicagoConservative27

But Trump should be prosecuted for fraud for getting a loan he could and did pay.


3 posted on 10/13/2023 6:40:48 AM PDT by AndyJackson
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To: Alberta's Child

Community re-investment act take 2.


4 posted on 10/13/2023 6:43:32 AM PDT by Smellin Salt
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To: ChicagoConservative27

Well hey, this what the white college educated women voted for
because they know more and know better than the rest of us.


5 posted on 10/13/2023 6:43:34 AM PDT by OttawaFreeper ("The Gardens was founded by men-sportsmen-who fought for their country" Conn Smythe, 1966 )
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To: ChicagoConservative27

1) Come to America by walking across the border
2) Get a bank loan
3) Leave America


6 posted on 10/13/2023 6:43:42 AM PDT by ClearCase_guy (They say "Our Democracy" but they mean Cosa Nostra.)
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To: ChicagoConservative27

>>>Biden Admin Threatens Banks That Refuse To Lend Money To Illegal Immigrants.

Can it get anymore bizarre? (don’t answer)


7 posted on 10/13/2023 6:44:14 AM PDT by existentially_kuffer
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To: ChicagoConservative27
They need transportation to get to their yobs.


8 posted on 10/13/2023 6:44:43 AM PDT by gundog (It was a bright cold day in April, and the clocks were striking thirteen. )
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To: ChicagoConservative27

Dicktatorship on full display...in case you haven’t already noticed it, this is the state of the USA. And the childish Republican conference can’t even change their own diapers.


9 posted on 10/13/2023 6:44:57 AM PDT by RouxStir (No Peein' in the Gene Pool )
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To: ChicagoConservative27

All hail Nero!


10 posted on 10/13/2023 6:45:59 AM PDT by Chgogal (Welcome to Fuhrer Biden's Weaponized Fascist Banana Republic! It's the road to hell.)
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To: ChicagoConservative27

If this isn’t enough to impeach that pedophile clown I don’t know what is. That azho should not have any control over the banks. Now the azho wants the banks to give free money to foreign freeloaders? Where do you find free money under asylum policy. The banks don’t own those azho RAT voters anythings.


11 posted on 10/13/2023 6:46:53 AM PDT by FlingWingFlyer (Make America FIRST Again. FJB)
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To: ChicagoConservative27

I would check before leaving money in lending-to-illegals institutions. That is a GREAT way to fund terrorists.

The whole concept is infuriating.


12 posted on 10/13/2023 6:47:52 AM PDT by madison10 (He watching over Israel slumbers not, nor sleeps.)
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To: FlingWingFlyer

own = owe


13 posted on 10/13/2023 6:48:24 AM PDT by FlingWingFlyer (Make America FIRST Again. FJB)
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To: ChicagoConservative27

He means GIVE money to Illegals


14 posted on 10/13/2023 6:49:05 AM PDT by butlerweave
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To: OttawaFreeper

I know a few of them.


15 posted on 10/13/2023 6:51:14 AM PDT by wally_bert (I cannot be sure for certain, but in my personal opinion I am certain that I am not sure..)
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To: ChicagoConservative27

Illegals fall into none of those categories.


16 posted on 10/13/2023 6:51:19 AM PDT by Sacajaweau ( )
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To: RouxStir

>>>Dicktatorship on full display...

It’s not a Dick but a Bidentatorship in his Bidenconomics.


17 posted on 10/13/2023 6:52:40 AM PDT by existentially_kuffer
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To: ChicagoConservative27

The Consumer Financial Protection Bureau (CFPB) and the Department of Justice (DOJ) continue to give aid and comfort to the domestic and foreign enemies of the United States.


18 posted on 10/13/2023 6:54:21 AM PDT by Carl Vehse
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To: ChicagoConservative27

Original link:

https://dailycaller.com/2023/10/12/biden-admin-threatens-banks-refuse-lend-money-illegal-immigrants/


19 posted on 10/13/2023 6:55:24 AM PDT by ConservativeMind (Trump: Befuddling Democrats, Republicans, and the Media for the benefit of the US and all mankind.)
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To: existentially_kuffer

Quit!!! They keep taking it as a challenge


20 posted on 10/13/2023 6:57:56 AM PDT by mpackard (Donald Trump broke the Democrats)
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