Opposing Bank Acct. Information Reporting in Reconciliation Bill

I am writing to you about the proposal to significantly expand bank account information reporting that appears to be part of the reconciliation bill. The proposal as the public is aware of it is to require transaction level tax reporting for all bank accounts with $600 in gross inflow/outflow, which is an extraordinarily low threshold. For overseas voters though, this plan goes beyond an invasion of privacy. This is because it also extends to foreign banks doing business with Americans living outside of the US. Since the introduction of FATCA, which has lesser requirements, Americans have been offboarded & refused service en masse by financial institutions in the countries they live in. The compliance burden of having us as customers is in many cases considered sufficient to supersede any legal protections against discrimination based on nationality, place of birth, or parentage. I urge you to restrict the proposed expansion of bank account information reporting to only include US banks. Overseas voters have been decisive in the 2020 elections and have turned out in great numbers for the California governor recall election. Going into the midterms, we need reforms, not to have our access to checking and savings accounts further limited.