Roland Gutierrez: “I am proud to offer along with my colleagues an amendment to increase funding by $25.5 million for the Financial Crimes…”

“I am proud to offer along with my colleagues an amendment to increase funding by $25.5 million for the Financial Crimes Enforcement Network, an agency that is critically important to our efforts to combat terrorist financing and money laundering. Since its establishment in 1990, FinCEN has been dedicated to collecting, analyzing, and distributing financial data to help identify and trace financial intersection of potential criminal and terrorist activity. While FinCEN is a small agency with relatively little funding, the agency is at the center of our Nation's anti-money laundering infrastructure, supporting the critical work of the financial services, law enforcement and intelligence communities. Recently, the 9/11 Commission stressed the importance of building global alliances. FinCEN also plays a key role in our country's international efforts to trace illicit money by actively promoting coordination with other countries.”