The Senate is expected next week to confirm former New York City Police Commissioner Raymond W. Kelly as Treasury under secretary for enforcement.

The Senate Finance Committee approved Mr. Kelly last week for the post, which oversees the Financial Crimes Enforcement Network and the Secret Service. These are the agencies that investigate money laundering and credit card fraud. He also would manage the Customs Service and the Bureau of Alcohol, Tobacco, and Firearms.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.