IN CASE YOU MISSED IT…. News4Jax: “Florida bankers in uproar over Biden plan”
To read full story, click HERE.
To watch the video, click HERE.
TALLAHASSEE, Fla. – Tuesday was “National Savings Day,” a day when spending less and saving more are emphasized.
But a proposal by the Biden administration to snoop on your bank account could result in fewer savings and fewer people using banks.
The information would be reported regularly. It would also track transactions of $600 or more.
“You’ll encourage more underground economy,” said Florida Chief Financial Officer Jimmy Patronis.
Patronis is one of the signers.
“At the end of the day, I don’t think having Uncle Sam sitting in my bedroom, finding out what I’ve purchased over the last thirty days is any of their business,” said Patronis.
###
About CFO Jimmy Patronis
Chief Financial Officer and State Fire Marshal Jimmy Patronis is a statewide elected official and a member of Florida’s Cabinet who oversees the Department of Financial Services. CFO Patronis works each day to fight insurance fraud, support Florida’s firefighters, and ensure the state’s finances are stable to support economic growth in the state. Follow the activities of the Department on Facebook (FLDFS) and X (@FLDFS).