What if your bank shared what you spent your money on with the federal government? By law, banks and other financial institutions (like car dealerships, jewelers, pawn shops) are required to report certain types of purchases people make to financial regulators. What do Americans think of this?
A new Cato Institute national survey of 2,000 U.S. adults conducted by YouGov finds that 79% of Americans believe it is “unreasonable” for your bank to share your financial records and bank transactions with the federal government. About a fifth, 21%, think it is reasonable.
Do you think it would be reasonable or unreasonable […]
Read the rest of this story here: fee.org
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