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Cato Institute Warns of Eroding Financial Privacy Rights Amid Fincen’s New Reporting Rules

March 18, 2025
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Cato Institute Warns of Eroding Financial Privacy Rights Amid Fincen’s New Reporting Rules
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The Cato Institute has criticized the Financial Crimes Enforcement Network (FinCEN)’s decision to lower the threshold for currency transaction reports from $10,000 to $200 for US citizens living in 30 ZIP codes in California and Texas. New Level of Financial Surveillance The Cato Institute, a Washington-based libertarian think tank, has criticized FinCEN’s decision to lower […]
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