"There is nothing in payments law that provides a clear or unambiguous check on the Trump administration’s actions if they decide to weaponize the federal government’s legal authority over the ACH system."
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Can Trump Arbitrarily Take Money From Anyone's Bank Account?
The Trump administration debited $80.5 million from New York City’s bank account, raising alarms about the reliability of the U.S. dollar.
www.rollingstone.com
March 18, 2025 at 2:30 PM