[scaeagles]

Intelligence about those communications implicates no legally recognized privacy interests. To begin with, they are predominantly foreign, and international. To the extent the U.S. Constitution might be thought to apply, the Supreme Court held nearly 30 years ago that records in the hands of third parties — including financial records maintained by banks — are not private, and thus not protected by the Fourth Amendment. Moreover, to the extent Congress later supplemented privacy protections by statute, those laws regulated disclosures by financial institutions. SWIFT (Society of Worldwide Interbank Financial Telecommunication) is not a financial institution.

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