News Center

Home : Publications : Press Releases : News Center

BREAKING NEWS! - FDIC Withdraws "Know Your Customer" Rule

March 23, 1999

STATEMENT FROM SECRETARY OF REVENUE JOHN KENNEDY:

A copy of the February 21, 1999 press release announcing Secretary Kennedy''s opposition to this rule is available on the Internet at: February 21, 1999 Press Release

"I''m very pleased. This just goes to show you what can be done when taxpayers and citizens take the time to speak out. I think the FDIC got the message."