Under the Trump administration, Washington has taken meaningful steps to reform the outdated policies that have contributed ...

President Donald Trump signed an order directing banks to increase scrutiny of customer accounts tied to immigration status, ...

The Treasury Department is claiming extensive authority to pry into the private financial information of Americans on the flimsiest of pretexts. It's time for the courts to step in, writes Ethan ...

What began in 1970 as a targeted effort to crack down on money laundering has metastasized into one of the federal government’s most expensive data hoarding operations. The Bank Secrecy Act now ...

On April 7, 2026, the US Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) announced a notice of proposed rulemaking ...

A new executive order could make it harder for undocumented immigrants to access financial services in the U.S., but it stops ...

Enforcement agencies urge investment in compliance programs. On October 10, 2024, the Department of Justice (DOJ) announced plea agreements with TD Bank N.A. (TDBNA) and its parent company, TD Bank US ...

A House subcommittee hearing exposed a divide over how far to scale back the 1970-era anti-money laundering law as Trump ...

New York City-based Community Federal Savings Bank, a partner to Wise and Crypto.com, faces an enforcement action over what ...

TRM Labs' Ari Redbord told Congress the 1970 Bank Secrecy Act can't combat AI-driven crypto crime, citing $2B in North Korean ...

SALISBURY, Conn. — NBT Bank has promoted Amanda Lidstone to Bank Secrecy Act officer. In this role, Lidstone is responsible for the company's compliance with the Bank Secrecy Act, anti-money ...

Attorney General Merrick Garland speaks during a news conference to announce that TD Bank will pay an approximately $3 billion settlement after authorities say the financial institution's lax ...