How many money-laundering operations are they assisting?

Puerto Rico might not be on the front pages anymore, but it is a humanitarian crisis and we have a moral, and a constitutional, responsibility to exercise oversight responsibilities here.

I am very concerned about this and I do not have time.

the crisis in Puerto Rico is a daily reality for tens of thousands, hundreds of thousands of people.

we need a better structure here.

I only want you to have confidence if it is actually working. And the monitor said it is not.

if we want to stop money laundering, these giant banks really need to feel the penalties.

if HSBC executives had been hauled out in handcuffs and were sitting in jail after their violations in 2012, they would have gotten the procedures in place pretty darn fast to make sure that that bank was in compliance with the law.

So--let me just stop. It had the desired impact. Then how can it be that a court-installed monitor refused to certify that HSBC's anti-money-laundering compliance program was working?

Mr. President, I rise today to discuss the Trump administration's recent proposal to expand offshore drilling to more than 90 percent of U.S. waters. This handout to Big Oil executives puts short-term corporate profits ahead of the…

Money laundering is a massive problem. The United Nations estimates that between 2 and 5 percent of global GDP--that is about $800 billion to $2 trillion--is laundered through the international banking system every single year.