09/09/2021
https://congress.gov...
"The Russian invasion of Ukraine has put the work that the Financial Crimes Enforcement Network (FinCEN) does at the forefront of our priorities here in the committee."
"In addition to the potential regulatory burdens of some FinCEN rules, I am also concerned about FinCEN's cybersecurity."
"Obviously, it is critical that we get the balance right between keeping illicit financing out of our country and keeping compliance burdens low."
"The Consumer Financial Protection Bureau's recent Section 1071 rulemaking on small business lending data collection exposed a deeper problem that has plagued the CFPB since its inception, which is a w..."