FinCEN Archives

The votes are in for the 2025 FedScoop.

FinCEN

The exterior of the Treasury Department is seen in Washington, D.C., on Oct. 15, 2025. (Photo by BRENDAN SMIALOWSKI/AFP via Getty Images)

Treasury watchdog finds poor data practices in financial crimes unit

The Financial Crimes Enforcement Network had various compliance issues with its management of Bank Secrecy Act data, per a new Treasury OIG report.

Feb 20, 2026 By Matt Bracken

The statue of former Treasury Secretary Albert Gallatin stands in front of the north wing of the U.S. Treasury Department building on April 24, 2025, in Washington, D.C. (Photo by J. David Ake/Getty Images)

NDAA calls for Treasury-led report on AI to fight money laundering

Sen. Ruben Gallego, D-Ariz., wants the Financial Crimes Enforcement Network and other financial regulators to assess the effectiveness of AI in anti-money laundering investigations.

Oct 10, 2025 By Matt Bracken