Fighting Corruption

Once the leader in the global fight against corruption and illicit finance, over the past decade the United States has become a preferred destination for oligarchs and kleptocrats to hide their illgotten gains. Meanwhile, the Trump administration has halted enforcement of key U.S. anti-corruption laws, including the Foreign Corrupt Practices Act as well as the Corporate Transparency Act of 2021, which Congress passed to shed light on anonymous shell companies used by autocrats and drug kingpins. Fully enforcing our laws is necessary to tackle international money laundering, foreign bribery, and other corrupt practices that fuel instability, prop up dictators, and disadvantage American businesses that play by the rules. We ask Congress to provide robust funding for the Financial Crimes Enforcement Network (FinCEN) and support rigorous enforcement of anti-corruption and transparency laws as a national security priority.