An office in the Treasury Department that helps thwart terrorist financing is encouraging banks to report “suspected domestic terrorist activity,” according to two people familiar with the matter who were not authorized to speak publicly.
The Financial Crimes Enforcement Network, also known as FinCEN, is upping its resources to support law enforcement investigations related to potential “domestic terrorist” activity, the people said. That comes as President Donald Trump and his administration vow to crack down on antifa and its possible funding sources after the assassination of conservative activist Charlie Kirk in September.
FinCEN, an office with a budget of around $190 million, helps combat overseas and domestic financial crimes, including international terror financing. Any unlawful activity would be referred to the Department of Justice.
