Major credit card companies are moving to make a merchant code available for firearm and ammunition retailers in order to comply with a new California law that will allow banks to potentially track suspicious gun purchases and report them to law enforcement, CBS News has learned.

The Biden administration acknowledged a controversial surveillance push that utilized politically charged terms like “MAGA,” and “Trump,” to scrutinize private banking transactions. This marks the first time that the administration has publicly recognized the inclusion of these specific keywords in the January 6-linked surveillance.

Pretty serious suspicions are being raised regarding the direction the US financial system (and associated tech companies) are taking, this time by the Consumer Finance Protection Bureau (CFPB).

President Joe Biden and his administration are attempting to develop an “authoritarian-style” and “surveillance-style” digital U.S. dollar through executive orders, warned House Majority Whip Tom Emmer (R-Minn.) on Feb. 28.