Marcy Wheeler is a blogger and analyst who specializes in weedy document dumps. This blog post is cross-posted from Emptywheel.
Two weeks ago, Treasury fired the guy in charge of FinCEN (the part of Treasury that enforces and tracks Suspicious Activities Reports), Jim Freis, reportedly (pay wall) because he wanted to focus on law enforcement and financial crimes, rather than a more focused counterterrorism focus.
A few weeks ago I wrote about Kossack and blogger extraordinaire Marcy Wheeler: There is probably nobody who writes about American government and politics who is a more prodigiously talented and devoted reader than Marcy. Her abilit... Read Post
Still, FinCEN, which is responsible for enforcing Bank Secrecy Act compliance by issuing stiff monetary penalties for noncompliance, has only acted against a handful of financial institutions in recent years. Read Post
By Marcy Wheeler. Cross posted from emptywheel Yesterday, the Office of the Comptroller of the Currency issued two orders to JP Morgan Chase, one related to its London Fail Whale, the other related to failures in its Bank Secrecy Ac... Read Post