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The Bank Secrecy Act Delivers A Lopsided Privacy Tradeoff

Cato Podcast

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The Third Party Doctrine and the Right to Financial Privacy

The third party doctrine really does boil down to the third party doctrine. The Bank Secrecy Act in 1970 set things in motion to get the court case in USB Miller in, I believe, was 1976 that set the thirdParty doctrine. So it was really this entire reporting regime that not just started to infringe on our financial privacy, but also opened us up to a wider array of third party doctrine based surveillance.

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