Extra not too long ago, the federal government has gained far more perception and powers of preemptive surveillance into our monetary lives. For instance, with the enactment of the Financial institution Secrecy Act in 1970, monetary establishments have to have interaction in record-keeping and reporting with the intention to help the federal government in its efforts to forestall cash laundering, and because of this, a lot of the info we offer to our banks can simply be seen by the federal government.
