Carl Levin actually said...

"We have a Treasury Department definition. We have one line. You must ask for the beneficial ownership as defined in 31 CFR."

"Senator Levin's bill offers one solution to this problem, which is to set a national minimum standard for State incorporation practices that require States to collect, maintain and update so-called be..."

"Are you suggesting that under the Commerce Clause of the U.S. Constitution, given what corporations do across boundaries of States, we do not have the jurisdiction in Congress to require States to ask..."

"It is imperative that not be the case here."