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Financial Regulatory Bill Approved by House Gives Feds Power to Subpoena Any Record from Any Financial Institution

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The final version of President Barack Obama’s financial regulatory bill, hammered out in negotations between House and Senate Democrats, contains a provision that grants the federal government the power to subpoena any financial information it wants from any financial institution without showing probable cause that a crime has been committed.

via CNSNews.com – Financial Regulatory Bill Approved by House Gives Feds Power to Subpoena Any Record from Any Financial Institution Without Establishing Any Probable Cause.

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Written by admin

July 11, 2010 at 2:18 pm

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