Congressional Hearing Calls for New Measures to Combat Crossborder Laundering between the U.S. and Mexico as Treasury and Texas Initiate New Anti-Laundering Enforcement Project

At a hearing held by the House Banking Committee in San Antonio, Texas, Assistant Treasury Secretary for Enforcement Ronald Noble and Texas Attorney General Dan Morales announced a pilot project, “Project Gateway,” in which the Treasury Department will share with the Texas Attorney General’s office by computer its vast database of currency transactions…[more]