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Weekly Roundup: Senate Rejects Ending FinCEN’s Data-Sharing, Online Gambling Prosecution Nets Famous Players, and More

The U.S. Senate Committee on Appropriations rejected Wednesday an Obama administration proposal that would have ended 142 data-sharing agreements between the Financial Crimes Enforcement Network (FinCEN) and state and local authorities, The Wall Street Journal reported. The proposal, intended to trim $2.3 million in costs, had been strongly criticized by law enforcement officials, prompting Manhattan District Attorney Cyrus Vance Jr. to call the proposed measure, "pennywise and pound foolish." More Last week, the committee approved of a bill granting FinCEN a fiscal year 2012 budget of $111 million, the same as it currently operates with now. More Senior managers at...

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