3min chapter

Cato Audio cover image

April 2023

Cato Audio

CHAPTER

The Bank Secrecy Act and Why You Should Care

Tom Rose is a Republican U.S. Representative from Tennessee. The Bank's Secrecy Act requires financial institutions to keep records of their customers' transactions and report them to the federal government. "I think that the government is very successful overall at making things super murky," says Rose.

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