- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Coaching Changes
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Treasury Secretary Bessent: if you’re on public assistance, you can’t wire money out
Posted on 1/8/26 at 9:21 pm
Posted on 1/8/26 at 9:21 pm
Loading Twitter/X Embed...
If tweet fails to load, click here. quote:
BREAKING NEWS: Treasury Secretary Bessent announcing tonight from Minnesota: Starting tomorrow, if you’re on public assistance, you can’t wire money out of the country. Treasury is derailing the gravy train to Somalia.
15
Posted on 1/8/26 at 9:22 pm to Kjnstkmn
Is... is something actually going to happen this time?
Posted on 1/8/26 at 9:22 pm to Kjnstkmn
This should have been done years ago.
Posted on 1/8/26 at 9:23 pm to Kjnstkmn
How do they stop it?
Posted on 1/8/26 at 9:24 pm to Kjnstkmn
it’s almost like the people running the gubment before Trump we’re incompetent retards or all on the take 
Posted on 1/8/26 at 9:25 pm to wallowinit
Banks won’t initiate the transfer
Posted on 1/8/26 at 9:25 pm to Kjnstkmn
What about the money being wired to DNC, NGOs and PACs?
Or is that still okay?
Or is that still okay?
Posted on 1/8/26 at 9:28 pm to wallowinit
quote:
How do they stop it?
Good question. I can't picture the guy at Western Union or whatever saying: Sorry. No transfer for you. Your name and image came up on my screen with a red circle and a line through it.
Posted on 1/8/26 at 9:28 pm to Kjnstkmn
Wild that this was allowed in the first place
Posted on 1/8/26 at 9:28 pm to Kjnstkmn
Boasburg on deck.
Or some anti-ice “warriors” who will do it anyway.
Or some anti-ice “warriors” who will do it anyway.
Posted on 1/8/26 at 9:29 pm to Boss13
Should never have been allowed.
They need to figure out how to stop them from using crypto though.
They need to figure out how to stop them from using crypto though.
Posted on 1/8/26 at 9:36 pm to LordSaintly
Pretty sure if they put it in crypto and then transferred it, that’d be a form of money laundering.
Would be a quick way of getting kicked out of the country or jailed.
That’s a risk they have to decide is worth it.
Would be a quick way of getting kicked out of the country or jailed.
That’s a risk they have to decide is worth it.
Posted on 1/8/26 at 9:40 pm to Veritas
quote:
Banks won’t initiate the transfer
How does that work with all the laws that prohibit sharing public assistance records?
They’re going to create know your customer rules for EBT holders and kids that get free lunch? Gtfoh
Posted on 1/8/26 at 9:44 pm to lsuconnman
quote:
A Bank Suspicious Activity Report (SAR) is a mandatory filing by financial institutions with the Financial Crimes Enforcement Network (FinCEN) (a U.S. Department of the Treasury bureau, a U.S. Department of the Treasury bureau) to report suspected money laundering, fraud, terrorist financing, or other illegal activities, usually involving transactions over $5,000 that seem unusual or lack a clear business purpose.
These reports help law enforcement track financial crimes and identify emerging trends, with common triggers including large cash transactions, complex transfers, or activity inconsistent with a customer's profile.
What Triggers a SAR?
Money Laundering: Transactions designed to hide the source of illegal funds.
Structuring: Breaking large transactions into smaller ones to avoid reporting thresholds.
Fraud & Embezzlement: Suspected internal theft or external scams.
Unusual Activity: Dormant accounts suddenly becoming active, inconsistent wire transfers, or complex transactions with no clear business reason.
Violations: Known or suspected violations of the Bank Secrecy Act (BSA).
Posted on 1/8/26 at 9:47 pm to lsuconnman
Aside from what I posted above, why would anyone that is on public assistance even be sending money out of the country?
It’s not their money.
It’s not their money.
This post was edited on 1/8/26 at 9:47 pm
Posted on 1/8/26 at 9:51 pm to Kjnstkmn
I mean it shouldn't have taken Nick Shirley to get us here but we'll take it
Tip o the cap to Elon as well for saving free speech
Tip o the cap to Elon as well for saving free speech
This post was edited on 1/8/26 at 9:52 pm
Posted on 1/8/26 at 9:51 pm to Veritas
I work in banking. Are they going to send us a list lol. How is this going to work?
Posted on 1/8/26 at 9:56 pm to schexyoung
Is your institution not verifying source of funds today?
Posted on 1/8/26 at 9:58 pm to Veritas
Posted on 1/8/26 at 10:02 pm to Kjnstkmn
DO some doge work and make those nations pay it back.
Page 1 of 2
Popular
Back to top
Follow TigerDroppings for LSU Football News