By Neil Roland ( July 21, 2026, 20:39 GMT | Insight) -- Senior US Treasury officials may take steps to raise the 1970 threshold for banks to file Suspicious Activity Reports and Currency Transaction Reports, though this measure wasn’t included in a related rule proposal, FinCEN Director Andrea Gacki said. Lawmakers from both parties pressed the Financial Crimes Enforcement Network chief to increase the $10,000 threshold for financial institutions to report all cash deposits and withdrawals, thus easing banks' compliance burdens. “I can assure you that the requirements and the thresholds for SARs and CTRs are being discussed at the highest levels of Treasury leadership,” Gacki said.Senior US Treasury officials may take steps to raise the 1970 threshold for banks to file Suspicious Activity Reports and Currency Transaction Reports, though this measure wasn’t included in a related rule proposal, FinCEN Director Andrea Gacki said....
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