here comes adam szubin again, or has he moved?

Treasury’s Financial Crimes Unit Will Share Records In Trump-Russia Probe
Tyler Durden, Zero Hedge, May 12 2017

During his interview with NBC News’ Lester Holt, Donald Trump again pleaded innocent to colluding with Russia and said:

I want to find out if there was a problem with the election having to do with Russia … If Russia or anybody else is trying to interfere with our elections I think it’s a horrible thing and I want to get to the bottom of it.

He may get this opportunity soon because according to the WSJ the DoJ unit that specializes in combating money-laundering and financial crimes will share its financial records with the Senate in the expanding probe into possible ties between Russia and Pres Trump and his team. The Senate Intelligence Committee requested the records from Treasury’s Financial Crimes Enforcement Network, or FinCEN, late last month, the WSJ reports although it did not elaborate on the nature of the records. One person cited by the WSJ said that without them the committee wouldn’t be able to reach a conclusion on whether there was collusion between Trump associates and Russia during last year’s campaign. Ron Wyden said in an interview Friday:

I’m particularly interested in information about shell companies, money laundering and the use of property transfers that may be germane to the committee’s Trump investigation.

FinCEN receives hundreds of reports each day from financial institutions flagging suspicious activity, and it is tasked with making sure banks and other companies comply with rules to do so. It provides the data to law-enforcement agencies, and its own analysts examine the data to identify suspicious patterns of the flow of funds around the world. After 9/11, the agency took the lead in tracking terrorist-financing sources and using financial records to help reveal the structure of terrorist networks. On Apr 26, Burr and Warner requested FinCEN provide the same records obtained by the FBI, which has its own access to the information, in its Russia probe. The Senate intelligence panel’s request was made because investigators came across information that led them to inquire about Trump’s business ties. It marks “an escalation” for the committee’s probe from its original focus on intelligence reports that were used to conclude Russia had meddled in the 2016 elections, as well as documents the committee is seeking from some of Trump’s associates, including Paul Manafort and Mike Flynn. One person familiar with the Senate Intelligence Committee’s request for the records said investigators plan to look at Trump’s businesses, as well as companies that do business with him, and potentially a step beyond to companies that engage with those firms. The inquiry could also include businesses owned by or associated with Trump’s family members, including Kushner Co. The Russia issue, which largely disappeared from the media landscape one month ago after Trump launched cruise missile attacks on Syria, has resurfaced with a vengeance as a major political issue this past week after Trump fired Comey, a sudden move critics have said was an effort to interfere in the Russia probe. Earlier in the day, Trump’s lawyers released a two-month-old letter stating that 10 years of his tax returns, which he has refused to disclose, show he has little income, investments or debt from Russian sources, save those items already publicly known. However, those tax records are unlikely to say much about the complex network of financial transactions and companies that one would expect to find behind any Russian investments in Trump’s company or his various real-estate ventures, tax experts said. Steve Rosenthal of the Tax Policy Center in Faschingstein said:

A Russian would not lend directly to Trump or his businesses. A Russian would, for example, fund a Cyprus corporation, which would lend to Trump or his businesses, possibly through other intermediary entities.

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