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Market
Public's top concern about bank monitoring scandal by March 2025?
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Resolution / Starting Odds
Privacy invasion • 25%
Government overreach • 25%
Lack of accountability • 25%
Impact on financial institutions • 25%
Public opinion polls or surveys
Story
House Judiciary Report: Biden Administration Monitored Americans' Bank Accounts Without Warrants, 14,000 Employees Accessed Data 3 Million Times
Dec 9, 2024, 12:16 PM
A recent report from the House Judiciary Committee has revealed that the Biden Administration allegedly monitored Americans' bank accounts without proper authorization or warrants. The report indicates that federal law enforcement manipulated the Suspicious Activity Report (SAR) system to access private financial information of citizens without warrants or probable cause. This practice reportedly began after the January 6 Capitol riots during the Trump administration. The investigation found that over 14,000 government employees accessed Americans' financial data more than 3 million times without the necessary legal permissions. The findings have raised significant concerns about privacy and government overreach in financial surveillance.
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