Senate Republicans Introduce Legislation Prohibiting IRS From Conducting Financial Surveillance on Private Citizens

Thirty-one of the Senate’s 49 Republicans are co-sponsoring a bill to nullify a Biden administration proposal by banning the IRS from conducting surveillance on the financial affairs of virtually all individual Americans.
The lead co-sponsors of the “Prohibiting IRS Financial Surveillance Act” include Sens. John Boozman and Tom Cotton, both from Arkansas, as well as Senate Finance Committee Ranking Member Mike Crapo (R-Idaho) and Senate Banking, Housing and Urban Affairs Committee Ranking Member Tim Scott (R-S.C.).
The proposal prohibits the secretary of the Department of the Treasury from tracking “the inflows or outflows of any account maintained by such institution, or (2) any balances, transactions, transfers, or similar information with respect to any such account.”…}