A good read, "Suggestions to DOGE to Claw Back Graft"
https://amgreatness.com/2025/02/20/suggestions-to-doge-to-claw-back-graft/
As Taibi relates the EPA scam, “Outgoing Biden staffers drafted a pair of agreements in August and September, clearing the way for the last-minute transfer of $20 billion out of government to an authorized financial agent, Citibank. Once money goes out the door, it’s considered expended, legally, achieving Efron’s stated end of making it harder for the new administration to ‘stop it all.’”
These financial agent agreements, like the one EPA used with Citibank, are ones the government has employed since the 1860s, Taibi notes, and allow government agencies to offload financial management of government funds to an outside financial entity, which are usually depository institutions. These arrangements also reduce government oversight of the funds. The $20 billion deal done by EPA was the first in its history. It was also unprecedented for a government agency to move such a large amount of money in the days before a new incoming administration took power. According to Mr. Zeldin, “It was purposefully designed to obligate all of the money in a rush job with reduced oversight.” The funds were derived from Biden’s hilariously named “Inflation Reduction Act.”
--snip--
a US Department of the Treasury agency called the Financial Crime Enforcement Network (FinCEN). FinCEN has broad powers to alert all US financial institutions to fact patterns identifying possible suspicious or unusual transactions via a FinCEN Advisory that would direct all U.S. banks and other financial institutions to identify and report, via Suspicious Activity Reports (SARs) or otherwise, to its federal regulatory authorities, all transitions occurring during the period of November 5, 2024, to January 20, 2025 that:
1. Originate from any federal agency (list them out);
2. Exceed a designated amount (say, $10 million or whatever amount would reflect suspicious or unusual transactions) from November 5, 2024, to January 20, 2025;
3. Are directed to a newly established account or series of newly established accounts (FinCEN can define what “newly” is);
4. Or are directed to an existing account that had previously engaged in no or de minimis financial transactions;
5. Where funds already have been disbursed from those accounts, report the destination accounts and recipients via SAR or report directly to the bank’s federal regulatory agency.
The banks should be directed to hold or return those funds to the originating agencies.
The US Government works with financial institutions all the time in the identification of potentially illicit transactions—for example, in thwarting drug trafficking money laundering or flagging Hunter Biden’s receipt of dubious funds from numerous bottom-feeding, corrupt foreign governments and questionable foreign actors in exchange for the Big Guy’s influence. At least $24 million was revealed from bank records as well as SARs to have wormed its way to numerous Biden family members through shell companies set up by Hunter Biden.