Freezing of Accounts Under Emergencies Act Caused Panic Withdrawals: Credit Union Association

By Epoch Times ——Bio and Archives--March 20, 2022

The directive on how to apply the federal government’s invocation of the Emergencies Act after it ordered financial institutions to freeze Freedom Convoy supporters’ accounts was ill-defined and left credit unions “scrambling,” a Commons committee heard on March 17. On a few occasions, customers also withdrew millions to avoid the punitive measure.-- More...

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Epoch Times——Bio and Archives

The Epoch Times: “A Fresh Look at Our Changing World”

The Epoch Times is a privately held news media company. The center is in New York, but our network of local reporters throughout the world uncovers stories that are authentically local, yet also globally relevant. Our independence enables us to report widely and present a diversity of opinions.

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