"Russia probe: Senate requests Trump documents from agency that monitors money laundering"

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http://www.cnbc.com/2017/05/10/russia-probe-senate-requests-documents-from-money-laundering-watchdog-agency.html

Russia probe: Senate requests Trump documents from agency that monitors money laundering

The Senate Intelligence Committee has requested information about President Donald Trump and his top aides from a financial intelligence unit in the Treasury Department.

The agency, known as FinCEN, imposed a $10 million civil penalty on Trump Taj Mahal in 2015 for multiple violations of money-laundering laws.

The Senate panel has requested information about President Donald Trump and his top aides from a financial intelligence unit in the Treasury Department that imposed a $10 million civil penalty on Trump Taj Mahal in 2015 for multiple violations of money-laundering laws.

The Senate Intelligence Committee wants to see any information relevant to its Russia investigation the Treasury agency has gathered, including evidence that might include possible money laundering, according to a committee aide who spoke on condition of anonymity. Also at issue: to what extent, if at all, people close to Vladimir Putin have invested in Trump's real estate empire.

The request, made in recent weeks, comes as part of the Senate's investigation into whether Trump associates colluded with Russian meddling in the U.S. election. The FBI is also investigating that issue, but that probe is now under a cloud after Trump fired FBI Director James Comey.

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Treasury's Financial Crimes Enforcement Network has assisted in the ongoing FBI counterintelligence investigation into Trump administration ties with Russia, multiple U.S. officials have said. A former senior Treasury official said that agency would have the authority to demand from any bank with a U.S. branch, including foreign banks, relevant records of transactions by Trump, his family members or his associates. FinCEN also maintains databases of reports of suspicious and cash transactions.

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