President Donald Trump signs an executive order directing federal regulators to issue guidance on banking services for undocumented immigrants, according to Bloomberg and the Washington Times. The order instructs regulators—through the Treasury Department and other financial oversight agencies—to provide recommendations related to how banks should handle services for immigrants who do not have legal immigration status. Both outlets describe the move as connected to the administration’s broader immigration enforcement efforts and note that the guidance could change how easily undocumented immigrants access the financial system. While the articles characterize the likely impact as restrictive, neither source attributes specific measures to the guidance itself beyond requiring regulators to develop and issue it. The executive order’s stated focus is regulatory guidance rather than direct banking rules, but it could influence bank policies on account openings, documentation requirements, and service eligibility. The directive is presented as part of a wider push that affects how immigration status intersects with financial access.