A House subcommittee hearing exposed a divide over how far to scale back the 1970-era anti-money laundering law as Trump expands its reach.

The Bank Secrecy Act has resulted in excessive scrutiny, account closures and other disruptions of lawful banking activities. It must be reformed.

A House subcommittee hearing exposed a divide over how far to scale back the 1970-era anti-money laundering law as Trump expands its reach.