Tag: SC Treasurer Curtis Loftis


SC Treasurer Curtis Loftis says Biden Administration’s proposal to track personal bank deposits is an overreach

South Carolina Treasurer Curtis Loftis of West Columbia announced he has joined 22 fellow state financial officers to speak out against a Biden Administration proposal that would require financial institutions to report private citizens’ personal bank account information to the Internal Revenue Service (IRS) if they exceed $600 of deposited funds. “The […]