October 29, 2026

Elizabeth Warren urges DOJ criminal probe of Bank of America

Bank of America agreed to more than $1.2 billion in penalties after regulators found it failed to maintain an adequate anti-money-laundering program and report suspicious transactions promptly.
Regulators said the bank failed to timely report more than $5 billion in suspicious transactions, including activity involving national-security risks.
Warren asked Attorney General Todd Blanche to say whether the DOJ has investigated the conduct and whether it plans to pursue a criminal probe.

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