Warren asks DOJ to open criminal probe of Bank of America
Sen. Elizabeth Warren has asked the Justice Department to say by Nov. 12 whether it has opened a criminal investigation of Bank of America over anti-money-laundering violations.
Sen. Elizabeth Warren, a Massachusetts Democrat, has urged the Justice Department to start a criminal investigation of Bank of America over violations of anti-money-laundering laws. The Hill reports she did so on Thursday.
Warren wrote to Attorney General Todd Blanche, according to The Hill. CNBC reports she asked the department to say by Nov. 12 whether it has already opened a criminal probe. CNBC says the bank admitted to the violations.
The Hill reports Warren described the Treasury Department's recent fine of $1.21 billion against the bank as a "slap on the wrist."
Reported by
- CNBCWarren urges DOJ criminal probe of Bank of America over anti-money-laundering violationsThu, Oct 29, 8:00 AM EDT
- The HillWarren asks DOJ to investigate Bank of America over money laundering violationsThu, Oct 29, 2:57 PM EDT
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