U.S. Rep. McHenry urges GAO to audit FinCEN’s beneficial ownership system

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By Dave Kovaleski  |  October 17, 2024

U.S. Rep. Patrick McHenry (R-NC) is urging the U.S. Government Accountability Office (GAO) to audit the Financial Crimes Enforcement Network’s (FinCEN) Beneficial Ownership Secure System (BOSS). The BOSS registry is a critical national security tool designed to support law enforcement and the national security community in targeting bad actors that abuse the United States financial system by engaging in illicit activity. However, McHenry and Republicans on the House Financial Services ...

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