Treasury Department's Janet Yellen Dodges Questions on Financial Surveillance of "MAGA," "Trump"

A wave of backlash for the Biden administration has been triggered following a probe into a surveillance mission by the Treasury Department targeting Americans. Republicans have been seeking answers about the initiative, which involved surveilling bank records of Americans for “extremist” activities post-January 6.

Recent reports revealed a controversial directive from the Treasury Department regarding the monitoring of financial transactions. Under this directive, the Financial Crimes Enforcement Network (FinCEN) asked financial institutions to investigate their clients’ transaction data for terms such as “MAGA” and “Trump.” This sparked an outcry from Republicans who questioned the government’s monitoring strategies.

This comes following a revelation of the specific sectors and demographic being targeted — Trump supporters, patrons of outdoor stores like Cabela’s, Dick’s Sporting Goods and Bass Pro Shops, and individuals who bought religious texts. Secretary of the Treasury Janet Yellen encountered numerous questions about these retrieval requests during her appearances on Capitol Hill this week.

However, these intense inquiries were deflected by Treasury Secretary Janet Yellen, who responded that the matter was under investigation and that she didn’t have extensive knowledge about the situation.

Treasury Department Seal by tommao wang is licensed under Unsplash
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