Political Quotes

On the recordAugust 2, 2011
Today, I along with my colleague, Senator Grassley, am re- introducing the Incorporation Transparency and Law Enforcement Assistance Act, a bill designed to combat terrorism, money laundering, tax evasion, and other wrongdoing facilitated by U.S. corporations with hidden owners. This commonsense bill would end the practice of our States forming over about 2 million new corporations each year for unidentified persons, and instead require the States to ask for the identities of the persons establishing those corporations. With those names on record, U.S. law enforcement faced with corporate misconduct would then have a trail to chase instead of what today is too often a dead end. Our bill is supported by key law enforcement organizations, including the Federal Law Enforcement Officers Association, the Fraternal Order of Police, the National Association of Assistant United States Attorneys, the National Narcotic Officers' Associations Coalition, the United States Marshals Service Association, the Society of Former Special Agents of the Federal Bureau of Investigation, and the Association of Former ATF Agents. It is also endorsed by a number of small business and public interest groups, including the Main Street Alliance, Sustainable Business Network of Washington, Global Financial Integrity, Global Witness, Public Interest Research Group, Project on Government Oversight, Jubilee USA, Citizens for Tax Justice, Tax Justice Network USA, and the FACT Coalition.…
Said by
Mike Levin
Democratic · California

Share & report

More from Mike Levin

Sep 19, 2019

I thank Congressman Huffman for his friendship, for his mentorship, and for all the work that he does. He is a true environmental champion. I am really, really grateful to call him a friend. We have got a lot of work to do. I think it is…

govinfo.gov
Jan 16, 2020

I thank Congresswoman Lee for yielding and for her leadership on this critical issue. Mr. Speaker, I rise today in strong support of this legislation, which reverses actions by Betsy DeVos that would deny debt relief to students defrauded…

govinfo.gov
Jan 10, 2019

When the people of California's 49th District elected me to represent them in Congress, I did not imagine that I would be sworn in during a partial government shutdown. However, on the same day that I raised my right hand and took the oath…

govinfo.gov
Feb 6, 2019

Last night we heard from a President who is clearly out of touch with the true state of our union. His rhetoric of compromise failed to meet the reality of the highly divisive policies he offered. The President failed to acknowledge that…

govinfo.gov

Other voices in this conversation