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Treasury Faces Scrutiny Over Surveillance of Americans' Transactions

Janet Yellen avoids direct answers on allegations of Treasury instructing banks to monitor transactions for extremism.

Overview

  • Gun rights group urges senators to question Yellen about Treasury's alleged privacy violations in monitoring gun transactions.
  • Yellen sidesteps questions on whether Treasury ordered surveillance of legal purchases during a hearing.
  • House Judiciary Committee claims federal investigators asked banks to search transactions with terms like ‘MAGA’ and ‘Trump’ for signs of extremism.
  • Concerns raised over potential pervasive financial surveillance of gun ownership and other legal activities.
  • Treasury's actions aimed at identifying potential threats, but raise privacy and civil liberties issues.

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