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Sen. Elizabeth Warren urges DOJ criminal probe of Bank of America over anti-money-laundering violations
The Hill reports Treasury fined Bank of America $1.21 billion; Warren called the penalty a “slap on the wrist.”
TLDR
The Hill reports Sen. Elizabeth Warren asked Attorney General Todd Blanche to launch a criminal investigation after Bank of America acknowledged anti-money-laundering violations. She called the $1.21 billion Treasury fine a “slap on the wrist” and asked DOJ to say by November 12, 2026, whether it has conducted a criminal probe or plans one. DOJ said it does not confirm or deny ongoing investigations.
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