Uncategorized

FinCEN defends anti-money laundering rule ahead of Dec. 1 deadline

The Financial Crimes Enforcement Network (FinCEN), its director Andrea Gacki, as well as the Department of the Treasury and its secretary, Scott Bessent, do not believe their anti-money laundering rule, which is slated to go into effect on Dec. 1, 2025, will cause Fidelity National Financial (FNF) irreparable harm. The defendants made these claims in […]

FinCEN defends anti-money laundering rule ahead of Dec. 1 deadline Read More »

How the Trump administration has neutralized the CFPB

Key Insight: The CFPB still exists and mass layoffs have not yet occurred but the Trump administration has dropped enforcement actions and eliminated rules, nullifying the agency’s broad reach.  Expert Quote: “The last eight months or so have been unlike any others with just a completely different tenor, completely different levels of activity and a

How the Trump administration has neutralized the CFPB Read More »