01/18/2021
https://www.congress.gov...
"I wonder if we do enough with the promotion of good economic sense."
"This is a big, big deal to the 9 million Americans who live overseas."
"I oppose FATCA for two reasons. First, it violates our privacy rights, and second, I think the compliance cost actually exceed the revenue that it brings in."
"It forces foreign financial institutions to hand over U.S. citizens' personal financial records without a warrant, without a probable cause, and without naming them individually."