The Obama administration is considering giving all U.S. spy agencies full access to a database that contains financial data on American citizens and others who bank in the country, according to Reuters. “The proposed plan represents a major step by U.S. intelligence agencies to spot and track down terrorist networks and crime syndicates by bringing together financial databanks, criminal records, and military intelligence.” The plan, which according to legal experts is permissible under U.S. law, will likely prompt outcries from privacy advocates. The FBI already has full access to the database, but the CIA and NSA have to make requests for information on a case-by-case basis.”
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Mar 2013