The Director of the Financial Crimes Enforcement Network (FinCEN), James H. Freis, was asked to resign by Under Secretary for Terrorism and Financial Intelligence, David Cohen. Upon his refusal, Cohen dismissed Freis without public comment. In an arrangement between Freis and Cohen, Freis will remain as the head of FinCEN until a replacement is named. The reasons for firing Freis are not clear, but MoneyLaundering.com provides some interesting insights.
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