The Financial Crimes Enforcement Network (FinCEN) will have a new director later this month, part of a Biden administration shakeup of the Treasury division that is primarily responsible for investigating financial crime.

FinCEN Director Kenneth Blanco, who has served in the position since December 2017, will step down April 9, he announced Friday in a press release.

Aaron Nicodemus is the Editor-in-Chief of Compliance Week. He previously worked as a reporter for Bloomberg Law and as business editor at the Telegram & Gazette in Worcester, Mass. Email: aaron.nicodemus@complianceweek.com LinkedIn:...