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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsTreasury Secretary Scott Bessent is preparing banks to collect citizenship data
Treasury Secretary Scott Bessent is preparing banks to collect citizenship data (CNBC)If Treasury and the banking regulators say its their job, its their job, Bessent told CNBCs Sara Eisen at the Invest in America Forum in Washington, D.C., on Wednesday.
An executive order that has been discussed for months took a step closer to reality earlier this week when Bessent said in an interview with Semafor that the EO is in process.
The planned EO is one more plank in President Donald Trumps broader effort to tie his immigration policy to collection of information in the United States, including for voting and Census efforts.
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Lovie777
(23,184 posts)Volaris
(11,736 posts)Anybody who likes having their own dick stepped on this much, usually hires someone else to do it for them, is all I'm sayin...
struggle4progress
(126,379 posts)Munu
(236 posts)Don't banks already require ID to open a bank account, for their own reasons?
Also, there is no law against foreigners having accounts in US banks (no matter where they live).
This one piece of a larger surveillance strategy.
Johonny
(26,327 posts)And the executive branch enforces that law, then they have to do it. We don't live in a dictatorship and Scott is a fucking moron that thinks he's a genius because he was born rich. Stupid fucking rich people are killing this country.
Fiendish Thingy
(23,438 posts)Its unenforceable
FalloutShelter
(14,523 posts)This shit just makes me incandescent with anger.
RedWhiteBlueIsRacist
(2,091 posts)edhopper
(37,390 posts)and they care more about lowering regulations than helping America, I fear they will go along with it.
Munu
(236 posts)magicarpet
(18,781 posts)Then gifts this massive accumulation of data to Peter Thief and his data accumulation monster Palantir or Eloon Musk's massive Artificial Intelligence - data centers. Does Scott Bissent have significant investments and stock ownership holding in these privatized massive data accumulator operations ?
Once this data falls out of government control and into the hands of the privatized massive data collectors it becomes exponentially more difficult to protect the privacy rights of the citizen to stop the breach and weaponization of the use of this data to injure those who they seek to harass and victimize.
A privatized Big Brother lives among us - is scooping up all our personal and private data for damaging, ugly, and very nefarious purposes in their quest for obscene profits and self enrichments.
usonian
(25,807 posts)If you put your money in your mattress, make sure it's not one of those "Smart, Internet-Connected" mattresses.
TELL YOUR FRIENDS
