The Financial Crimes Enforcement Network — also known a FinCEN — issued an advisory Friday to banks that tells them to watch out for identity theft, payroll tax fraud, and money laundering schemes tied to hiring unauthorized workers.

The Trump administration is proposing a sweeping overhaul on how the federal government awards billions of dollars in research grants. But researchers say it could allow the administration to limit and exert more control over critical scientific research. Craig McLean, the former chief scientist at the National Oceanic and Atmospheric Administration, joins William Brangham to discuss.