Official statements from federal law enforcement agencies or government press releases

House Judiciary Reports Feds Using Suspicious Activity Reports to Surveil Americans' Financial Data Without Warrants

Dec 6, 2024, 04:29 PM

The House Judiciary Committee has reported that federal law enforcement agencies are using banks to surveil Americans' financial data without obtaining warrants. This practice reportedly involves the manipulation of the Suspicious Activity Report (SAR) system, allowing access to individuals' financial information without probable cause. The Judiciary Committee's findings raise concerns about potential violations of the Bill of Rights and the privacy of American citizens. The report highlights how the federal government has weaponized the Bank Secrecy Act to conduct surveillance on the populace, prompting discussions about the implications for financial privacy.