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In this eye-opening episode, Cato Institute’s Norbert Michel and Nicholas Anthony explore how the 1970 Bank Secrecy Act has evolved from a tool to catch tax cheats into a sprawling financial surveillance system that erodes Fourth Amendment protections. They discuss the law’s expansion post-9/11 and emerging reform efforts that could restore financial privacy.
Show Notes: Norbert Michel and Jennifer J. Schulp, "Revising the Bank Secrecy Act to Protect Privacy and Deter Criminals" Policy Analysis No. 932, July 26, 2022
Nicholas Anthony, "The Right to Financial Privacy" Policy Analysis No. 945, May 2, 2023
Norbert Michel, "The Bank Secrecy Act Is a Bigger Threat than FISA" Forbes, April 17, 2024
Nicholas Anthony and Naomi Brockwell, "The Illusion of Financial Privacy" Reason.com, May 30, 2024
Hosted on Acast. See acast.com/privacy for more information. |
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