Carl Levin actually said...

if the banks will not cooperate, citing Swiss secrecy laws, then we simply have to use our own domestic laws to force cooperation from the banks.

Stating the need for domestic laws if banks refuse cooperation.

02/25/2014

More Carl Levin Quotes

Thank you very much.

UBS' actions sent a powerful signal that U.S. tax cheats using offshore accounts better pay up or face prosecution.

The trouble is that the Justice Department has been deterred by the Swiss Government's law.

So do not tell us the treaty is going to get us what we want. It will not.