Treasury Secretary Scott Bessent is preparing banks to collect citizenship data

Business

To learn more about the CNBC CFO Council, visit cnbccouncils.com/cfo Banks in the U.S. may not like the idea of being forced to collect citizenship data on customers, but Treasury Secretary Scott Bessent says they better be prepared for the task. "If Treasury and the banking regulators say it's their job, it's their job," Bessent told CNBC's Sara Eisen at the Invest in America Forum in Washington, D.C., on Tuesday. An executive order that has been discussed for months took a step closer to