Congressmen Bill Posey (R-FL), Mario Diaz-Balart (R-FL), and Gregory Meeks (D-NY) have introduced a bill to bar the Treasury Department from adopting rules requiring US Banks to report interest paid on deposits by non-resident aliens to their native countries. This shocking bill reinforces the message of Nicholas Shaxson’s book, Treasure Islands, that the US is one of the biggest tax havens in the world.