In the unfolding scandal involving federal law enforcement and financial institutions colluding to surveil private transactions, two extremist groups backed by billionaire George Soros have been implicated, adding fuel to concerns about government overreach and infringement on civil liberties. According to reports, federal law enforcement circulated documents to private financial entities, pressuring them to disclose sensitive customer data, regardless of any suspicion of criminal activity. Particularly alarming was the circulation of a 2020 “hate groups” blacklist to financial institutions, compiled by the Soros-funded Institute for Strategic Dialogue (ISD) and the Global Disinformation Index (GDI), targeting conservative and faith-based organizations.
The significant financial backing provided by Soros to these organizations raises questions about the influence of wealthy donors on the government’s surveillance practices. Soros channeled millions of dollars into ISD and GDI, fueling their efforts to curate lists of so-called “hate groups” and influence financial surveillance activities. The circulation of these lists by federal law enforcement to financial institutions underscores the intertwining of partisan agendas with government actions, potentially infringing on constitutionally protected political and religious expression.
The House Judiciary Committee’s interim report highlighted the extensive government spying effort, emphasizing that such financial surveillance lacked specific evidence of criminal conduct and targeted transactions related to core political and religious expression protected by the Constitution. The revelation of this collaboration between federal agencies and Soros-funded groups has sparked outrage among conservatives, who view it as a blatant violation of privacy and civil liberties.
In response to these revelations, Eric Ohlhausen, Chief Strategy Officer of Old Glory Bank, condemned the government’s collusion with financial institutions, asserting that privacy infringement and unconstitutional surveillance have no place in America. Ohlhausen emphasized the importance of banking privacy and announced the institution’s commitment to safeguarding customers’ rights through a Banking Bill of Rights, aimed at protecting freedoms such as association, financial privacy, and freedom from censorship.
The collaboration between federal law enforcement and Soros-funded groups like ISD and GDI raises broader concerns about government overreach and ideological bias in surveillance activities. As revelations continue to surface, there is growing scrutiny of financial institutions’ compliance with government requests and calls for accountability to ensure that constitutional rights are upheld. The involvement of Soros-backed organizations in shaping government surveillance practices underscores the need for transparency and oversight to prevent undue influence on law enforcement actions.
