The Democrat Party’s obsession with control knows no bounds. They are consumed by surveilling the American people in the hope that with each new shred of information, they’ll find a new way to expand their authority.
So, to no one’s surprise, when given the opportunity under the Biden Regime, they jumped at the chance to find new ways to target Americans and their personal information. They did this while helping out their Big Tech buddies working at perfidious woke companies like Plaid and Yodlee.
Their methodology stemmed from their age-old playbook of:
- Government overreach – We know the Left is always asking the question: How can we empower the state to intrude on the lives of private citizens?
- Rewarding their cronies – We also know they’re always finding ways to get others to do their dirty work and keeping tabs on how to “pay” them back in due time.
Under the Biden Administration, their answers were in plain sight: the so-called Consumer Financial Protection Bureau could be their vehicle, and their friends in Big Tech could be their conduit.
What comes next, and how they would use these entities, is what truly terrifies me – and should concern every American citizen.
Biden’s surveillance state cronies and Big Tech puppets teamed up to cash in big time.
In backroom deals with swamp lobbyists (including one who worked for Democrat Senate Majority Leader Harry Reid, the Democratic Governors Association, and former Pennsylvania Governor Ed Rendell – a man who said he would move to New Zealand if Donald Trump won), they settled on a new target: our banking information.
And how did they bring their plans of expanding government control to benefit their friends in Big Tech to fruition, you might ask? By weaponizing Section 1033 of the Dodd-Frank Act.
They anointed Sen. Elizabeth Warren’s (D-Mass.) lap dog Rohit Chopra to draft a rule that made our personal banking information even more at-risk than it already is to exploitation by Big Tech companies.
Here’s exactly how Big Tech stood to benefit under this ploy:
- They were let off the hook when it comes to customer privacy and security. Believe it or not (and by this point, I’m sure you can believe me), the companies that ended up with our information, under Biden, would not be held to the strict standards that community banks and credit unions – the people who usually have access to this information – are held to. Instead, they wouldn’t be liable for the same security standards, OR regulatory oversight these other entities are. Would you imagine that? Less oversight for their friends in Big Tech.
- Plus, unsurprisingly – they benefited financially. The Biden rule required Main Street financial institutions to do the legwork to protect consumer data while Big Tech middlemen – such as Plaid and Yodlee – hit paydirt.
- Possibly worst of all, they were able to use your data for things you might not even be aware of. This includes selling it or even using it to train their AI data models to pursue God knows what, but I have to imagine it has something to do with their woke goals.
Unfortunately, when you think about it – based on their twisted ambitions – it was the perfect opportunity: we all know the Democrat Party has continuously prioritized their cozy relationship with Big Tech. We also know they couldn’t care less about protecting consumers, and their data – because when it comes to the Left, it’s all about THEM: doing what’s in THEIR best interest and protecting THEIR allies. The American people – and their data – be damned.
But fear not.
Obviously, the moment President Trump graced the Oval Office once again, he could see through the Democrats’ deceit and called this out for what it truly was: a government handout to the left’s Big Tech allies. An attempt to use the American people as pawns.
And he shut it down immediately.
In one decision, he did more for the American people than Biden did in all four years of his presidency.
Thankfully, the Trump Administration is back at the drawing board to deal with the mess Biden’s team made of this rule. And I have no doubt he will right the Biden team’s multiple wrongs and return the rule to its true intention: protecting Americans and making OUR lives – not Big Tech’s – easier, and our data safer.
The Trump team’s action here has never been more important. Remember the lunatic lobbyist I mentioned earlier – the one who led the backroom deals to decide to target our banking information? Well, she doesn’t want to stop there. If she gets her way, the people going after our data will get a “holistic view” of our financial lives. Translation: they will get financial information on our brokerage accounts, mortgage, auto, and personal loans; savings and pension funds; government benefits; payroll; telecom; utility; and government-related accounts. They want it ALL. Why? Because, as I already told you: their obsession with control knows no bounds. They’ll never stop.
President Trump, THANK YOU for stopping this madness in its tracks, and protecting us, and our data, from exploitation by liberal priorities masked as unnecessary policy.
