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STREAMLINE Act Modernizes Bank Secrecy Act Reporting | STREAMLINE Act Modernizes Bank Secrecy Act Reporting

Policy / Financial Regulation

STREAMLINE Act Modernizes Bank Secrecy Act Reporting

Senators Tim Scott and John Kennedy have introduced the STREAMLINE Act to modernize the Bank Secrecy Act (BSA) by updating outdated financial reporting thresholds, reducing unnecessary paperwork, and protecting Americans from debanking.

STREAMLINE Act Modernizes Bank Secrecy Act Reporting Image via U.S. Senate (.gov)
Kennedy, Tim Scott introduce bill to cut red tape, update 1970s financial reporting standards
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