dChan - Q Origins Project Archive

Former Presidents Act specifies a difference between The Federal Government & that of the District of Columbia

(3 U.S.C. § 102 note)

.. "However, such allowance shall not be paid for any period during which such former President holds an appointive or elective office or position in or under the Federal Governmentorthe government of the District of Columbia to which is attached a rate of pay other than a nominal rate."

Found it interesting that in this Former Presidents Act it clearly indicates the separation of the "Federal Government" or the Government of the District of Columbia"

National Archives Link: https://www.archives.gov/about/laws/former-presidents.html

>>12717468

>This means if he were to hold office in Congress versus say…head of urban development in some fed capacity

Hopefully his office is accepting Applications… That would be dope to work for the Real MVP - DJT - even if it is only a Temporary and likely-limited capacity…

Anonymous ID: 35ae39 Jan. 26, 2021, 12:46 a.m. No.12717553 🗄️.is 🔗kun >>7558

>>12717376

>What is the SIGNIFICANCE of $9,999.00 in US banking laws?

It’s called the Bank Secrecy Act (aka. The $10,000 Rule), and while that might seem like a big secret to you right now, it’s important to know about this law if you’re looking to make a large bank deposit over five figures.

The Bank Secrecy Act is officially called the Currency and Foreign Transactions Reporting Act, started in 1970.

It states that banks must report any deposits (and withdrawals, for that matter) that they receive over $10,000 to the Internal Revenue Service. For this, they’ll fill out IRS Form 8300. This begins the process of Currency Transaction Reporting (CTR).

Essentially, any transaction you make exceeding $10,000 requires your bank or credit union to report it to the government within 15 days of receiving it – not because they’re necessarily wary of you, but because large amounts of money changing hands could indicate possible illegal activity.

This includes theft, money laundering, or helping to fund criminal organizations or even terrorists.

Your bank needs to cover its bases for any large “reportable transaction” that passes through.

Note: Private businesses need to go through a similar reporting process if a customer makes a large, big-ticket purchase, cash only, like a car, a house or other major amenity.