Local banks are fighting back against Biden's recent proposal, which requires banks to provide the IRS with information about accounts experiencing transactions of $600 or more. Forty trade associations submitted a letter to House leadership explaining why this proposal would not only eliminate your financial privacy, but could eliminate local banks unable to afford such a costly requirement, too.
On the "Glenn Beck Program," Glenn explained why he believes this is the far left's latest attempt to weaponize the IRS and it's why it's "critically important" your money is in a local bank trying to fight this overreach.
Watch the video clip below to hear Glenn break it all down:
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