Politics

Warren Criticizes Treasury Fine on Bank of America

Updated 2026-10-15 15:40 UTC 1 source Negative

Democratic Senator Elizabeth Warren has criticized the $1.2 billion fine imposed by the Treasury Department on Bank of America, calling it a 'slap-on-the-wrist' for failing to implement effective anti-money laundering measures.

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The Hill
Democratic Sen. Elizabeth Warren (Mass.) on Wednesday blasted the Treasury Department’s $1.2 billion fine of Bank of America “as a slap-on-the-wrist.” Warren, the top Democrat on the Senate Banking Committee, said in a statement that Bank of America “failed an implement an effective anti-money laund
2026-10-15 15:17 UTC
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