S 582
FinCEN Improvement Act of 2019
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- Passed Senate
- Passed House
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- Became Law
Bill overview
The FinCEN Improvement Act of 2019 aims to strengthen the Financial Crimes Enforcement Network (FinCEN) by expanding its partnerships and focus. The bill directs FinCEN to collaborate more closely with Tribal law enforcement agencies and to prioritize combating all forms of terrorism, including those utilizing emerging technologies like virtual currencies. It also reinforces FinCEN’s role in coordinating internationally to address financial crime risks. This legislation seeks to enhance FinCEN’s ability to safeguard the financial system and national security.
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Primary sponsor
Cosponsors
Kyrsten Sinema
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