Hearing to investigate the federal government working with banks, potentially bank to flag private transactions by Americans. Some of the terms that were singled out include MAGA, Trump, and stores like Dick's Sporting Goods, Cabela's, and Bass Pro. Jeremy Tedesco is testifying in that hearing. Jeremy expressed concerns about the government collaborating with big banks to access private financial data of Americans, raising fears of potential surveillance to identify risks or threats, including domestic terrorism.
He highlighted the alarming practice of financial surveillance by the federal government in partnership with major banks like JPMorgan Chase, Wells Fargo, and Bank of America. Tedesco emphasized that this surveillance could impact individuals regardless of their political or religious affiliations, citing examples such as monitoring purchases at specific stores or transactions related to religious texts.
