Cato Institute: Treasury Secretary's Remittance Crackdown Raises Financial Surveillance Concerns
January 13, 2026
January 13, 2026
WASHINGTON, Jan. 13 -- Cato Institute issued the following news release:
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Treasury Secretary's Remittance Crackdown Raises Financial Surveillance Concerns
Secretary Scott Bessent is building a legacy of financial surveillance and control.
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Earlier this week, U.S. Treasury Secretary Scott Bessent said, "Following the detection of Somali fraudsters in Minnesota, we will strongly push to prevent anyone receiving federa . . .
* * *
Treasury Secretary's Remittance Crackdown Raises Financial Surveillance Concerns
Secretary Scott Bessent is building a legacy of financial surveillance and control.
*
Earlier this week, U.S. Treasury Secretary Scott Bessent said, "Following the detection of Somali fraudsters in Minnesota, we will strongly push to prevent anyone receiving federa . . .