Tuberville, bankers bash Biden plan for banks reporting $600 transactions to IRS

U.S. Sen. Tommy Tuberville joined with Alabama bankers outside Protective Stadium in Birmingham on Tuesday to criticize a Biden administration plan for requiring banks to report transactions of $600 or more to the Internal Revenue Service. Tuberville introduced a bill last month called the Protecting Financial Privacy Act, and several banking industry officials stood with […]

Tuberville, banking industry leaders tout senator’s bill barring ‘intrusive, un-American’ IRS proposal

BIRMINGHAM — U.S. Sen. Tommy Tuberville’s (R-AL) efforts to prohibit a controversial Internal Revenue Service (IRS) policy proposed by the Biden administration has garnered increased interest from consumers and banking industry leaders alike. Alabama’s junior senator on Tuesday held a press conference with representatives from various associations and financial institutions promoting Tuberville’s “Protecting Financial Privacy […]

Tuberville: Biden proposal will cost anyone with a bank account

“It’s going to cost you a lot of money.” By Erica Thomas, Managing Editor Sen. Tommy Tuberville made a stop in Birmingham on Tuesday, Oct. 12, to address an issue he has with the Biden administration’s plan to require financial institutions to report transactions of $600 or more. Just outside of Birmingham’s Protective Stadium, Tuberville […]

U.S. Senator Tommy Tuberville discusses border crisis and budget

HUNTSVILLE, Ala. (WAFF) – Alabama U.S. Senator Tommy Tuberville is in our nation’s capital speaking out against President Biden, and several hot topics impacting many of you in the Tennessee Valley. Some of the big takeaways from Senator Tuberville’s comments impact your tax dollars. He says government spending and the debt limit are getting out […]