Treasury Secretary Scott Bessent moves to ‘cut off’ illegal migrants from tax benefits, cross-border money transfers: ‘No place for you in our financial system’
NegativeU.S News

- Treasury Secretary Scott Bessent announced a directive from President Trump aimed at cutting off federal benefits to illegal migrants, asserting that there is 'no place for you in our financial system.' This move is part of a broader effort to prioritize U.S. citizens in the allocation of tax benefits and financial resources.
- This development is significant as it reflects the administration's ongoing commitment to immigration reform and its impact on the financial system, potentially affecting millions of undocumented individuals who rely on these benefits.
- The announcement comes amid a backdrop of economic discussions, with Bessent expressing confidence in the U.S. economy's resilience despite some sectors facing challenges. This juxtaposition highlights the tension between immigration policy and economic stability, as the administration navigates public sentiment and economic indicators.
— via World Pulse Now AI Editorial System



