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House Ways & Means Committee Chairman Smith: Will Biden-Harris Administration Revive Its Bank Surveillance Scheme on the Way Out the Door?
December 05, 2024
WASHINGTON, Dec. 5 -- Rep. Jason Smith, R-Missouri, chairman of the House Ways and Means Committee, issued the following news release:

Americans are still unclear on whether the Biden-Harris Administration will, on its way out the door, revive a plan to have the Internal Revenue Service (IRS) surveil everyone's private bank transactions by creating an invasive financial reporting scheme. The Biden-Harris Administration proposed the bank surveillance program in 2021, which would turn . . .

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