"merely grants the protections of the IOIA from search and seizure of assets and federal taxes"
not really. it means that interpol is no longer subject to the freedom of information act. it means that interpol's headquarters at the justice department and its staff can no longer be searched. it means that all interpol documents are now free from legal subpoena. it means that interpol could keep files on all u.s. citizens and we have no right to redress. sure sounds like a threat to our "soverignty" to me.