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Senate bill would increase $10,000 thresholds for financial transactions banks must report to feds

Senate bill would increase $10,000 thresholds for financial transactions banks must report to feds

By Swedan Margen

Culture

Senate Republicans have introduced legislation to increase the reporting thresholds for currency transaction reports and suspicious activity reports under the Bank Secrecy Act.

Originally published by washingtontimes.com. Syndicated material does not necessarily reflect the views of Grazia British.

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