According to a congressional report made public on Friday, President Joe Biden’s administration has gotten banks to surveil the economic habits of of their customers, especially the ones suspected of supporting President-elect Donald Trump.
Under the guise of identifying potential terrorists and money launderers, the FBI and Treasury Department sought help from 16,000 financial institutions without subpoenas looking for tickets purchased to conservative gatherings, the purchase of Bibles or anything with keywords like “Trump” or “MAGA.”
The official X account for the Select Subcommittee on the Weaponization of the Federal Government released its report on X along with the text: “Think your finances are private? Think again.”
In another post on X Friday, the panel wrote: “Without safeguards, this could lead to widespread abuse of power and debanking.”
“Debanking” is the phenomenon of a bank closing an account of a customer due to their political activity. Conservative filmmaker-podcaster-author Dinesh D’Souza told Just the News that JPMorgan Chase Bank debanked him two years ago. JPMorgan Chase didn’t respond to a request for comment. […]
— Read More: justthenews.com
