WASHINGTON (AP) — The U.S. Treasury Department said Tuesday that it’s imposing $1.2 billion in fines on Bank of America for allegedly violating anti-money laundering and sanctions laws.
The fines on America’s second-biggest bank amount to the third-largest in the department’s history.
“When a bank of this size fails to meet its anti-money laundering and sanctions obligations, the consequences extend far beyond its own walls, exposing the entire U.S. financial system to significant illicit finance risks,” Treasury Secretary Scott Bessent said in a statement. “Today’s actions send a clear message that even the biggest financial institutions are not above the law.”
At this point anyone the orange fucktard hurts is likely a friend of the people.
Edit: JFC do I really need an /s?
I can assure you Bank of America is NOT “of the people”. That bank has been the runner-up for the worst company of the year award before… Never met anyone who has liked that bank either.
This is some liberal-minded nonsense.
Let me guess, Liz Cheney is also a friend of the people?