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Blog

FreedomWorks Foundation Submits Comments on Cryptocurrency Disclosure

Today, FreedomWorks Foundation submitted a formal comment opposing a proposed rule by the Financial Crimes Enforcement Network (FinCEN) regarding cryptocurrency. The proposed rule would require banks and other organizations to identify, and keep records of, all individuals who use either hosted or unhosted cryptocurrency wallets. As we pointed out in our comment excerpted below, although FinCEN has corrected their procedural errors from the first version of this Notice of Proposed Rulemaking (NPRM), the contents of this notice present an existential threat to cryptocurrencies as a whole. Not only would this proposal amount to centralizing a decentralized currency, but it would create massive security and surveillance risks that would be otherwise impossible.

02/10/2021
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Blog

Nobody Wants Michelle Obama's Vegetables

FreedomWorks Foundation's Regulatory Action Center (RAC) is driving comments to the Department of Agriculture (USDA) to support scaling back Michelle Obama's school lunch program. This program is a waste of resources and puts government in a role better played by parents. You can support this change and make your voice heard HERE.

02/04/2020