On July 21, 2026, Financial Crimes Enforcement Network (FinCEN) Director Andrea Gacki appeared before the House Financial Services Subcommittee on National Security, Illicit Finance, and International Financial Institutions to deliver written testimony outlining the agency’s current priorities. The hearing provided a comprehensive window into FinCEN’s evolving posture on fraud prevention, Bank Secrecy Act (BSA) modernization
The Trump administration remains focused on countering Mexican cartels and other Latin American transnational criminal organizations (TCOs). Since designating eight TCOs as foreign terrorist organizations (FTOs), the Financial Crimes Enforcement Network (FinCEN) and Department of Justice (DOJ) have issued alerts and prosecutorial guidance respectively reinforcing the administration’s whole-of-government approach to countering this threat. As with
In recent days, Federal Housing Finance Agency (FHFA) Director Bill Pulte has made it clear that he believes fraud is a rampant problem at FHFA. In a stream of related activities, Pulte has called on the public to report fraud via email and a new Hotline, terminated over 100 FHFA employees for alleged fraud, and