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INSURANCE & COMMERCE - SENATE - Oct 04, 2021

Insurance & Commerce - Senate · October 4, 2021

The Senate Insurance & Commerce committee heard and approved a senator-led resolution urging stronger consumer privacy protections for banking customers and opposing the proposed Indirect Reconciliation Act; sponsor Senator Blake Johnson said the bill would require banks to report small-dollar account movements to the IRS. The resolution passed by voice vote and will be sent to the Senate floor.

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