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RE: LeoThread 2024-12-06 10:18

in LeoFinancelast month

Part 2/7:

This legislative push is not new; discussions have been held previously, yet the recent attempts to advance the bill faced opposition from a significant portion of the Democratic colleagues. The rationale behind their dissent stems from concerns surrounding the constitutional implications posed by this legislation. Critics highlight that the proposed power granted to the Treasury Department could lead to potential misuse. Specifically, it would allow the Secretary of the Treasury to label nonprofits as supporting terrorism without a necessary judicial oversight or clear legal evidence.

Constitutional Concerns