Yellen 4 JAIL
Yellen 4 JAIL
“Bank customers are not subjects of the federal government. Banks do not work for the IRS. This is an invasion of privacy,” Sen. Cynthia Lummis (R-WY) told Treasury Secretary Janet Yellen at a Senate hearing Tuesday, blasting the proposal to force banks to annually report customers' account inflows and outflows of $600 or more to the IRS.
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“Bank customers are not subjects of the federal government. Banks do not work for the IRS. This is an invasion of privacy,” Sen. Cynthia Lummis (R-WY) told Treasury Secretary Janet Yellen at a Senate hearing Tuesday, blasting the proposal to force banks to annually report customers' account inflows and outflows of $600 or more to the IRS.
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