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Looming Government Shutdown Would Reduce FinCEN’s Staff
By Colby Adams
printA possible government shutdown slated for Saturday would force the U.S. agency in charge of collecting and maintaining Bank Secrecy Act data to operate with reduced staff, a government official said Thursday. Should Congress and the White House fail to agree on a budget by Friday, the U.S. Treasury Department's Financial Crimes Enforcement Network (FinCEN) would "maintain essential services for stakeholders to the best of our ability," said Bill Grassano, a spokesman for the bureau. Approximately 272 of a total of 317 employees will be furloughed as a result of the shutdown, according to a release from FinCEN. As a...
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