White House attacks Florida law designed to protect customers from debanking
A letter from the U.S. Treasury Department criticizes a Florida bill which aims to protect consumers from discrimination, stating it could undermine national security by affecting anti-money laundering and counter-terrorism efforts.
The current White House appears to have elevated the protection of the concept of “social credit score” – a method of controlling citizens’ behavior championed by China – to a U.S. national security issue.
Namely – a letter originating from the Treasury states that a U.S. state law that aims to prevent the introduction of a social credit score system represents a national security threat.