Reason: Treasury Department Surveillance at the Southern Border Faces Fourth Amendment Challenges

Reason: Treasury Department Surveillance at the Southern Border Faces Fourth Amendment Challenges by Toslin Akintola (“In March, the Treasury Department’s Financial Crimes Enforcement Network (FinCEN) issued a geographic targeting order (GTO) that quietly turned MSBs along the U.S.-Mexico border into surveillance hubs. The order required MSBs in specific ZIP codes along the Texas and California borders to file a currency transaction report (CTR) for any cash transaction over $200 … In a complaint filed in the U.S. District Court for the Western District of Texas, [Institute for Justice] argued that the GTO violates the Fourth Amendment and imposes undue burdens on businesses. The complaint also claims FinCEN violated the Administrative Procedure Act by arbitrarily selecting ZIP codes and failing to follow proper notice-and-comment procedures.”)