DiscoverThe LatestSenate Republicans propose raising SAR threshold to $30K
Senate Republicans propose raising SAR threshold to $30K

Senate Republicans propose raising SAR threshold to $30K

Update: 2025-10-21
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Senate Banking Committee Republicans, led by committee chair Tim Scott, R-S.C., introduced a bill that would raise the mandatory reporting threshold for certain currency transactions, a move meant to ease banks' anti-money laundering compliance obligations.
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Senate Republicans propose raising SAR threshold to $30K

Senate Republicans propose raising SAR threshold to $30K

John Heltman