Senate Republican demands answers from Treasury on push for banks to 'surveil' customer transactions in 2021
Fox News
EXCLUSIVE: The top Republican on the Senate Banking Committee is demanding answers from the Treasury Department and its financial crimes enforcement division after revelations the agencies urged private financial institutions to “surveil" private transactions using “politically charged search terms" to flag customer profiles to federal law enforcement.
Brooke Singman is a political correspondent and reporter for Fox News Digital, Fox News Channel and FOX Business.
"I write regarding recent reporting that the U.S. Treasury Department (Treasury) through its Financial Crimes Enforcement Network (FinCEN) urged private financial institutions to surveil customers’ transaction-level data using politically charged search terms, in order to flag certain customer profiles on behalf of Federal law enforcement," Scott wrote in the letter, obtained by Fox News Digital. "These allegations, if true, represent a flagrant violation of Americans’ privacy and the improper targeting of U.S. citizens for exercising their constitutional rights without due process."
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