Facial recognition for taxpayers. Giving Treasury Secretary power to ban #BTC
+ digital assets. Intrusive reporting requirements for banking. Absolute LUNACY. Each stands in opposition to 1st principles. I will FIGHT every one of these intrusions into American life and commerce.
3/ It doesn’t say it explicitly, but this is a direct attack on the digital asset industry. The Treasury Department already has broad authority in this area, but it has a strict time limit and a public notice requirement.
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