House Backs Big Boost To FinCEN's Budget In Spending Bill

By Jon Hill (July 29, 2021, 8:41 PM EDT) -- The Financial Crimes Enforcement Network would receive tens of millions of dollars in additional funding under the federal spending package approved by the U.S. House on Thursday, which would be the agency's biggest budget boost in years.

The spending bill calls for authorizing a budget of roughly $190 million for FinCEN in fiscal year 2022, an increase of 50%, or more than $63 million, above the current fiscal year's enacted level. The bill, which passed the Democratic-controlled House by a 219-208 party-line vote, now moves to the Senate.

FinCEN had sought a large expansion in its budget as it works to...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!