A group of 20 GOP state attorneys generals accuses the Treasury Department of serving political ends. This comes after the department said state laws banning de-banking threatened national security.
Undersecretary of Yellen Brian Nelson recently sent a letter to Florida opposing its law, and others like it, aimed at protecting the access conservative groups, gun manufacturers, and other organizations have to the financial sector. These entities argue that banks have closed or frozen their accounts. In a letter sent on Thursday, led by Florida Attorney General Ashley Moody and Iowa Attorney General Brenna Bird and signed by eighteen other AGs, they accused the treasury department of “fearmonger[ing]” and “sto[king] confusion”.
Attorney General Moody from Florida said,
forsaken its statutory role and instead chosen to intervene on behalf of activists seeking to hijack the financial system for their political end [1].
In response, the Treasury Department wrote that these laws heighten “the risk that international drug traffickers.
The attorney general’s letter supports those laws and alleges that the department is using concern over national security to promote “woke” political agendas. You can read the letter here.
Missouri is one of the twenty AGS who signed the letter. Other states with attorneys general who signed the letter are Florida, Iowa, Alabama, Alaska, Arkansas, Idaho, Indiana, Kansas, Louisiana, Mississippi, Missouri, Montana, Nebraska, New Hampshire, North Dakota, South Carolina, Texas, Utah, West Virginia, and Wyoming.
Notes:
- ^ {Attorneys general defend states{‘} laws that prevent banks from considering {`}woke politics{‘} (go back ↩)
