Posted on 12/10/2024 9:20:06 PM PST by CFW
House Judiciary Chairman Jim Jordan, R-Ohio, said Tuesday that the federal government has been weaponized to spy on Americans' bank accounts and financial transactions.
"We know in 2023 [that] 14,000 different individuals in the government [about] three million times in one year......14,000 individuals did over three million searches of this database of information on Americans banking habits," Jordan said on the "Just the News, No Noise" TV show.
Last week the House Judiciary Committee issued a report that detailed how the federal government had unchecked access to private financial data of everyday Americans. "The FBI has manipulated the Suspicious Activity Report (SAR) filing process to treat financial institutions as de facto arms of law enforcement, issuing 'requests,' without legal process, that amount to demands for information related to certain persons or activities it considers 'suspicious,'" the report reads.
Jordan explained that the way the law is supposed to work is that if banks see something suspicious, they are supposed to report it to the Treasury Department. "But what's happening in practice is the FBI and other agencies are going to the banks saying, 'Hey, you might want to do a report on this, or on this person, or on this business' and then it comes into the government, goes in this database and then everybody's searching it [and] spying on what you're doing in your bank account."
(Excerpt) Read more at justthenews.com ...
My wife has both been with US Bank for decades (despite my calls to switch) and is horrible with $$ (we do NOT share a joint account).
I went to make a cash deposit into her account the other day and learned it was now a bank policy - this is NEW, within the prior weeks - to show ID and record my personal info as a depositor.
Over a lousy $40.
Yeah.
I asked for the manager - who was not available - and snarked,
“Heaven forbid that my $40 might generate a Suspicious Activity Report.”
I did not share my opinion on the lack of a privacy policy disclosure and the vulnerability of my personal data they entered into their system...but I sure wanted to rip the manager a new one.
Can I file a FOIA to determine whether and who spied on me so I can sue them into the poor house?
My thoughts, as well.
They’d laugh if they ever looked at my lone checking account.
“Land of the free, sweet land of liberty”.
NOT!
Sorry, that is just a myth now, and has been for a very long time.
You can pick your own end date, 1865, 1968, 2020, plenty to choose from depending on your metricks.
BTTT
it is designed to watch you, and to make sure you are kept down
FBI, others are weaponized to spy on Americans’ bank accounts.
Unless your in congress or senate off shore gold dealers happy?.
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