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The lawsuit, filed in May 2025, names FinCEN and its director Andrea Gacki, as well as the Ministry of Finance and her secretary Scott Bessent, as defendants. In the lawsuit, FNF claims the rule, which was promulgated under the Biden administration, is “arbitrary and capricious” and will cause “irreparable harm.” The rule requires title firms […]
FinCEN Rule Will Cause “Irreparable Damage.” The lawsuit, filed in May 2025, names FinCEN and its director, Andrea Gacki, as well as the Ministry of Finance and his secretary, Scott Bessent, as defendants. In the lawsuit, FNF claims the rule, which was promulgated under the Biden administration, is “arbitrary and capricious” and will cause it […]
He founded Agents National Title Insurance Co. in 2005 and served as president and CEO until the company was acquired by Essent Group BV in 2023. Since then, he has held the position of Senior Vice President and Agency Division Manager for the FNF family of companies. Townsend has served on the ALTA Board of […]
