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Report: CIA bulk collecting international financial data

Posted Friday, November 15th 2013 @ 11am  by Josh Peterson

The Central Intelligence Agency is collecting bulk records on international financial transactions under the same law empowering the National Security Agency to bulk collect the phone and Internet records of Americans, The New York Times reports.

The CIA’s classified collection program, which unnamed former and current government officials said was only one of several U.S. bulk data collection programs, focuses on financial transactions into and out of the United States handled by companies like Western Union.

The Foreign Intelligence Surveillance Court, however, requires that a tie to a terrorist organization must be established before the CIA search can be run on the database, reports the Times.

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