Carl Levin actually said...

"We want to avoid a mandate as well, so we provide a possible source of funds, but we do not require that the source be used."

"You make no reference to beneficial owner in your proposal at all, do you?"

"Instead of collecting beneficial ownership information at the time that a new corporation is being formed in the United States, as our bill does, the NCCUSL proposal would allow hidden persons to obta..."

"How can we possibly justify our failure to do what we have committed to do: Obtain beneficial ownership information for the corporations formed within the United States?"