Press Room
 

FROM THE OFFICE OF PUBLIC AFFAIRS

October 21, 2003
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Statement by U.S. Treasury Secretary John Snow on the Departure of Financial Crimes Enforcement Network (FinCEN) Director James Sloan

"Director Sloan has brought strong leadership to the Financial Crimes Enforcement Network. FinCEN’s unique position as a Treasury regulatory agency, as well as a law enforcement support network, enables it to serve as a bridge between the financial and law enforcement communities."  

"Under Jim’s leadership, FinCEN’s support to investigators tracking terrorist financing and its regulatory work implementing important anti-terror legislation such as the USA PATRIOT Act, have played a key role in the war on terrorism.  Jim departs with the sincere gratitude and best wishes of all of us here at Treasury."

Note: James F. Sloan has served as Director of the Financial Crimes Enforcement Network (FinCEN) since April 1999 and has accepted a new position as the Assistant Commandant for Intelligence at the United States Coast Guard beginning November 17.