{"id":2155799,"date":"2024-01-22T13:11:03","date_gmt":"2024-01-22T18:11:03","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/tim-scott-presses-treasury-secretary-over-flagging-of-trump-maga-transactions\/"},"modified":"2024-01-22T13:16:29","modified_gmt":"2024-01-22T18:16:29","slug":"tim-scott-presses-treasury-secretary-over-flagging-of-trump-maga-transactions","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/tim-scott-presses-treasury-secretary-over-flagging-of-trump-maga-transactions\/","title":{"rendered":"Tim Scott questions Treasury Secretary on flagging of &#8216;Trump&#8217; and &#8216;MAGA&#8217; transactions"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">24<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Ftim-scott-presses-treasury-secretary-over-flagging-of-trump-maga-transactions%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2155799&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><blockquote>\n<h2>Senator Presses Treasury\u2063 Secretary on Alleged Privacy Violations<\/h2>\n<p>Senator (R-SC) grilled Treasury Secretary\u200c Janet Yellen \u2064on Friday regarding a concerning report. The report \u200bclaimed that federal officials instructed \u2063banks\u2064 to hand \u2064over customer data \u200bfor \u2062transactions flagged with \u2064terms\u200d like &#8220;TRUMP&#8221; or \u2062&#8221;MAGA.&#8221;<\/p>\n<p><span style=\"font-weight: 400\">This revelation came \u200dto light after documents\u200d obtained by the\u200d Select Subcommittee on the Weaponization of the \u200dFederal Government revealed that\u2062 the Financial Crimes Enforcement Network (FinCEN) had flagged these \u200dterms as \u200cpart of their investigation \u2063into the January \u200d6 riot. Additionally, banks were instructed to scrutinize transactions \u2064involving the purchase of religious texts \u2064and outdoor sporting goods stores like Cabela&#8217;s.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Senator \u2062Scott, the ranking member of\u2064 the Senate Banking Committee, expressed his\u2064 concerns\u200c in a letter, stating that if \u2063these allegations were true, they would represent\u2062 a blatant violation of \u2064Americans&#8217; privacy and an improper targeting of citizens exercising their constitutional rights without due process. You\u200d can read the full\u200c letter\u2063 <a href=\"https:\/\/www.banking.senate.gov\/imo\/media\/doc\/rmscottlettertofincen11924.pdf\" target=\"_blank\" rel=\"noopener\">here<\/a>.<\/span><\/p>\n<p><span style=\"font-weight: 400\">According to reports, FinCEN requested assistance from banks in identifying transactions involving persons of interest\u200b using \u200dspecific typologies\u200c and Merchant Category Codes after January 6,\u200d 2021. The letter\u200b was also sent to FinCEN \u2063Director Andrea Gacki.<\/span><\/p>\n<p><span style=\"font-weight: 400\">In his letter, Senator Scott questioned Secretary Yellen about the Treasury Department&#8217;s \u200dinvolvement in soliciting private financial \u2064data from banks and\u200b whether it was done at the behest of the\u2064 FBI\u200c or the\u2062 Justice \u200dDepartment. He also inquired about the criteria used to determine which religious texts were considered \u2063indicative of \u2064extremism\u200c and why \u2063shoppers at\u200d sporting \u200dgoods \u2064stores were targeted in the federal investigation.<\/span><\/p>\n<p><b><a href=\"https:\/\/onelink.to\/dwapp\" target=\"_blank\" rel=\"noopener noreferrer\" aria-describedby=\"sk-tooltip-9096\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/onelink.to\/dwapp&#038;source=gmail&#038;ust=1702741302552000&#038;usg=AOvVaw0j7iIgqNi0bR5AgQ4rgPM4\">CLICK HERE TO GET THE\u2064 DAILYWIRE+ APP<\/a><\/b><\/p>\n<p><span style=\"font-weight: 400\">Senator\u200d Scott expressed particular concern about these allegations, citing past efforts to weaponize the financial system against politically disfavored \u200bactivities. He referenced the Obama administration&#8217;s\u2063 &#8220;Operation Choke Point&#8221; initiative, which coerced financial institutions into\u200b denying services to businesses the administration opposed, including gun retailers.<\/span><\/p>\n<p><span style=\"font-weight: 400\">On Thursday, House \u200cJudiciary Chair Jim Jordan requested\u200d an interview with Noah Bishoff, the former director of the Office of Stakeholder Integration and Engagement in the Strategic Operations Division\u200d of \u2063FinCEN, to \u200ddiscuss the\u200d report.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The letter asks Bishoff to be prepared to address lawmakers regarding FinCEN&#8217;s safeguards for \u200dprotecting constitutional liberties, the government&#8217;s use of \u2063<a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/nolte-alec-baldwin-finally-surrenders-phone-to-rust-investigators\/\" title=\"Nolte: Alec Baldwin Finally Surrenders Phone to 'Rust' Investigators\">private financial information<\/a>, and the coordination between FinCEN\u2064 and the private \u200bsector.<\/span><\/p>\n<\/blockquote>\n<p> <\/p>\n<h2> What are the alleged privacy violations and concerns raised regarding the targeting\u2064 of \u200cspecific terms like\u2063 &#8220;TRUMP&#8221; and &#8220;MAGA&#8221; in relation to\u2063 the\u200c January 6 riot at the \u2064Capitol?<\/h2>\n<p><span>  Sactions related to the January\u200c 6 riot at\u2064 the\u2062 Capitol. These\u200d requests are part of the agency&#8217;s \u2062effort\u200c to <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/u-s-shares-with-european-banks-ways-russia-is-evading-sanctions\/\" title=\"Discover how Russia is outsmarting sanctions with European banks, as the U.S. shares its findings.\">combat money laundering<\/a> and other illicit \u200dactivities. However, \u2064the \u200calleged targeting of specific \u2063terms such as\u200b &#8220;TRUMP&#8221; and &#8220;MAGA&#8221; has raised concerns about potential privacy violations \u200band politically \u2062motivated surveillance.<\/p>\n<p>During the Senate hearing, Senator \u200bScott questioned Treasury Secretary \u200cJanet Yellen about\u200c the alleged privacy violations. He emphasized the importance of protecting Americans&#8217;\u200d privacy rights\u200b and expressed concerns about the potential \u2064chilling effect\u2064 on free speech \u200dand political expression.<\/p>\n<p>The allegations\u200b outlined in the letter \u2064sent by Senator Scott to the Financial Crimes Enforcement Network (FinCEN) are\u200c serious. If true, \u2063they would signify a significant breach of \u2062privacy \u200dand a violation of constitutional rights. Citizens should not be targeted \u200dsimply for exercising their constitutional rights \u2063without due process.<\/p>\n<p>Furthermore, the Senator \u2064highlighted the importance of investigating these allegations thoroughly. He urged FinCEN to \u200drespond\u200c promptly and\u200b transparently to \u2063the concerns raised in his letter. The full letter can \u2063be \u200baccessed through the provided link.<\/p>\n<p>It is\u2063 crucial \u200cto \u200bstrike the \u2063right\u2062 balance between enforcing laws and protecting individual \u200cprivacy rights. While combating illicit activities and <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/swedens-government-does-not-plan-to-hold-referendum-on-possible-nato-membership\/\" title=\"Sweden\u2019s Government Does Not Plan to Hold Referendum on Possible NATO Membership\">ensuring national security<\/a> \u200care legitimate goals, any\u200b efforts must be conducted within the bounds of the law and should not infringe\u200c upon the \u200bprivacy and constitutional rights of American citizens.<\/p>\n<p>The use of specific \u200cterms to \u2062flag\u200b transactions raises questions about the criteria\u200b used and the potential for bias or overreach. Transparency and accountability in the\u200c investigation process are essential to \u2062address these concerns and\u200c assure the \u200dAmerican people \u2063that \u2064their privacy rights are being respected.<\/p>\n<p>As the debate over privacy and data\u200d protection intensifies, it is crucial for lawmakers and regulatory agencies \u200bto prioritize safeguarding individual privacy rights \u2063while pursuing \u200dtheir regulatory\u2064 responsibilities. Striking this balance is essential to <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/watchdogs-call-for-key-biden-administration-official-to-resign-over-litany-of-abuses-of-public-trust\/\" title=\"Watchdogs demand resignation of key Biden official for 'abusing public trust'.\">maintain public \u200btrust<\/a> \u200band confidence in financial institutions and\u200b government agencies.<\/p>\n<p>Senator Scott&#8217;s\u200d inquiry and the concerns raised by the report underscore the need for\u2063 greater\u200d oversight and accountability\u200d in government agencies&#8217; actions related to privacy and surveillance. It is \u2063imperative\u2063 for Congress \u2063to ensure that federal agencies operate\u2064 within the confines of \u200bthe law\u200b and respect\u200c citizens&#8217; \u2064constitutional rights.<\/p>\n<p>In conclusion, the recent allegations\u2064 of privacy violations and \u200dimproper targeting\u200d of\u2062 transactions based on specific terms raise serious\u2063 concerns\u200c about the \u2064protection of Americans&#8217;\u200c privacy and \u200dconstitutional rights. It is incumbent \u2062upon FinCEN and\u200c other relevant\u2064 agencies to investigate these allegations thoroughly and provide transparent and timely \u2064responses. \u200dFurthermore, \u2063Congress should exercise its\u200d oversight responsibilities to ensure \u200dthat privacy rights are upheld and\u2063 that \u2064citizens are not\u2062 subject to unjustified surveillance or targeting.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Senator (R-SC) questioned Treasury Secretary Janet Yellen about a report stating that banks were instructed to share customer data for transactions associated with terms like &#8220;TRUMP&#8221; or &#8220;MAGA.&#8221; This inquiry followed the release of documents by the Select Subcommittee on the Weaponization of the Federal Government, revealing the involvement of the Financial Crimes Enforcement Network<\/p>\n","protected":false},"author":200,"featured_media":2155800,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[541],"tags":[],"class_list":["post-2155799","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-daily-wire"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2155799","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/200"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2155799"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2155799\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2155800"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2155799"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2155799"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2155799"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}