Proposal would require banks to report private and business transactions over $600 WASHINGTON, D.C. – Senator Lummis lambasted a Biden administration proposal to require banks to disclose every financial transaction over $600 to the Internal Revenue Service (IRS)....
![Lummis grills Secretary Janet Yellen on proposed IRS reporting requirements](https://www.lummis.senate.gov/wp-content/uploads/capital_flag-1080x675.jpg)