Irving, TX – Congresswoman Beth Van Duyne (TX-24), a member of the House Ways and Means Committee, recently helped introduce the Prohibiting IRS Financial Surveillance Act, which was led by Congressman Drew Ferguson (GA-03). This bill will ban the Internal Revenue Service (IRS) from implementing any new reporting requirements for banks or other financial institutions as part of the Biden Administration's aggressive bank surveillance regime. Strong concerns have been raised about the privacy of individuals, the ability of the IRS to safeguard private bank account information, and the undue burdens placed on families and small businesses.

“The Biden Administration’s vastly expanded IRS is designed to enforce control over American families and small businesses who are just trying to get by during this time of massive and persistent inflation,” said Rep. Van Duyne. “Not only is the IRS’s impending intimidation campaign expected to violate privacy, it will also impose enormous costs that our small businesses cannot afford. I am proud to cosponsor this important legislation that will protect hardworking families and small businesses from this blatant attempt to infringe on the privacy of their financial information.”

“For the past two years, the Biden Administration and Congressional Democrats have worked to inflate the unchecked power of the IRS by implementing a broad financial surveillance regime – putting the financial information of millions of Americans at risk,” said Rep. Drew Ferguson. “This surveillance is an invasion of privacy and it's in every American’s best interest that we protect their private financial information. By hiring 87,000 new agents to harass and audit thousands of hardworking families, farmers, and small businesses without probable cause, the Democrat’s intent to weaponize the IRS is crystal clear, and this important legislation stops this radical, big-government overreach."

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