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Local banks are fighting back against Biden’s recent proposal, which requires banks to provide the IRS with information about accounts experiencing transactions of $600 or more. 40 trade associations submitted a letter to House leadership explaining WHY this proposal would not only eliminate YOUR financial privacy, but could eliminate local banks unable to afford such a costly requirement too. It’s the far left’s latest attempt to weaponize the IRS, Glenn says, and it’s why it’s ‘CRITICALLY IMPORTANT’ your money is in a local bank trying to fight this overreach…
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