Warren asks DOJ to investigate Bank of America over money laundering violations
Summary
Sen. Elizabeth Warren urged the Department of Justice to open a criminal investigation into Bank of America over violations of anti-money-laundering laws. In a letter to Attorney General Todd Blanche, she criticized the Treasury Department’s recent $1.21 billion fine against the bank as inadequate.Key Facts
- Elizabeth Warren is a Democratic senator from Massachusetts.
- Warren asked the Department of Justice to launch a criminal investigation into Bank of America.
- The request concerns violations of anti-money-laundering laws.
- Warren sent her request in a letter to Attorney General Todd Blanche.
- The Treasury Department recently fined Bank of America $1.21 billion.
- Warren described the fine as a “slap on…”; the article text provided ends before the quote is complete.
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