Seems like example #4,998,402 of an EO usurping congressional authority to bring harm to vulnerable people until expensive lawsuits are filed and ruled on.

From the article

    The EO ends the extension of credit to high-risk borrowers 
    [ed: the poor] that American citizens are forced to subsidize. 

    This activity includes extending mortgages, credit cards, and
    auto loans to illegal aliens.

No evidence of Americans forced being "forced to subsidize" loans to poor people was asked for or provided.

They will probably use this to seize all money from immigrants and transfer it to trump crypto