Joe Donnelly actually said...

"Today's hearing will explore how criminal organizations launder money and avoid detection by financial institutions."

"The United States is undoubtedly committed to combating illicit finance with robust AML laws and policies."

"The goal of money laundering is often to disguise the illegal origins of criminal proceeds."

"Although the United States has a strong anti-money-laundering framework, authorities have one hand tied behind their back due to lax business ownership transparency."