Treasury wants more oversight of all-cash real estate deals

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Keith Srakocic, Associated Press file
A sign is displayed outside a house for sale in Pittsburgh, Jan. 4, 2019. The Biden administration is looking to expand reporting requirements on all-cash real estate deals to help crack down on bad actors’ use of the U.S. market to launder money made through illicit activity.
By Aamer Madhani | The Associated Press
PUBLISHED: December 6, 2021 at 7:08 a.m. | UPDATED: December 6, 2021 at 7:15 a.m.

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