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Sen. Kennedy Introduces STREAMLINE Act

Bill Intros-Senate
Copyright © Targeted News Service, 2025
2025-10-25
Bailey Malota

WASHINGTON, Oct. 25 -- Sen. John Kennedy, R-LA, has introduced the STREAMLINE Act, aimed at updating the threshold amounts for certain currency transaction reports to enhance the effectiveness of anti-money laundering measures.

This legislative initiative comes in response to the growing need for modernization within financial regulatory frameworks. Currently, the threshold for currency transactions requiring official reporting stands at $10,000-a figure established decades ago and . . .

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