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Re: Businesses revolt over Biden's plan that would track all bank transactions over $600 

By: Beldin in 6TH POPE | Recommend this post (1)
Wed, 29 Sep 21 2:14 AM | 19 view(s)
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Msg. 24519 of 60008
(This msg. is a reply to 24516 by micro)

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micro,

I do believe credit unions are now required to report any deposits or withdrawals of $10,000 or more in currency just like banks and savings & loans, so it would not surprise me in the least that they would also be subject to this - IF IT PASSES. This is egregious overstep, so I am hopeful that it will stay just a fevered wet-dream within Biden's empty noggin. 




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Re: Businesses revolt over Biden's plan that would track all bank transactions over $600
By: micro
in 6TH POPE
Wed, 29 Sep 21 1:56 AM
Msg. 24516 of 60008

I wonder if Local credit unions would be subject to that nonsense?
If so, I could see me leaving the banks and putting money there instead.

Wonder how I could find that out?


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