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Extra lately, the federal government has gained rather 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 stop cash laundering, and consequently, a lot of the info we offer to our banks can simply be considered by the federal government.
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