The U.S. Department of the Treasury has named Jennifer Shasky Calvery as director of the Financial Crimes Enforcement Network (FinCEN). She replaces Jim Freis, who is stepping down after five years in the directorship.
Shasky Calvery comes to FinCEN from the U.S. Department of Justice, where she has served since 2010 as the chief of the Asset Forfeiture and Money Laundering Section, overseeing a 150-person staff and a program responsible for the annual forfeiture of more than $1.5 billion in criminal assets, which are used to compensate victims and support law enforcement efforts.