Beast Technologies and InfrastructureTreasury Secretary Scott Bessent is preparing banks to collect citizenship data Posted on May 19, 2026 by Administrator 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 Wednesday.