Latest News

March 12, 2007 3:00 AM

Under Patriot Act, Treasury casts a wide net

Under a little-noticed provision in the USA Patriot Act, the Treasury Department has ordered severe restrictions against foreign banks or countries for reasons beyond the stated purpose of the law and without producing evidence. Section 311 of the 2001 Patriot Act was drafted to halt terrorist financing and money laundering, but the Bush administration has used it against an alleged source of terrorist financing a bank in Syria only once. The Treasury has invoked it more often to punish alleged human-rights abuses or offshore banking havens.

Related content

Comments

Videos

More Videos

Offshore corporations - The secret shell game <span class='title-duration'>02:24</span> 02:24

Offshore corporations - The secret shell game 02:24

Watch Topher Ingalls' motocross video filmed in SLO County <span class='title-duration'>02:12</span> 02:12

Watch Topher Ingalls' motocross video filmed in SLO County 02:12

Dog attacks butterfly as horrified owner captures it on video <span class='title-duration'>00:28</span> 00:28

Dog attacks butterfly as horrified owner captures it on video 00:28

Offshore corporations: The secret shell game <span class='title-duration'>02:24</span> 02:24

Offshore corporations: The secret shell game 02:24

High school students taunt opponents during basketball game, chanting with giant picture of Trump <span class='title-duration'>00:36</span> 00:36

High school students taunt opponents during basketball game, chanting with giant picture of Trump 00:36

What is a concussion? <span class='title-duration'>00:31</span> 00:31

What is a concussion? 00:31

Target manager asked about bathroom policy <span class='title-duration'>02:31</span> 02:31

Target manager asked about bathroom policy 02:31

Canadian prime minister geeks out over quantum computing <span class='title-duration'>01:09</span> 01:09

Canadian prime minister geeks out over quantum computing 01:09

What should Donald Trump do differently? <span class='title-duration'>01:38</span> 01:38

What should Donald Trump do differently? 01:38

Why it's hard to keep the pounds off <span class='title-duration'>03:01</span> 03:01

Why it's hard to keep the pounds off 03:01

Share Video

Editor's Choice Videos