Carl Levin actually said...

"The potential for criminals to buy these types of companies without ever divulging their names or interest is a threat to our security and to our well being."

"The very requirement of having someone state beneficial ownership is important because it brings an aspect of daylight onto the activities of these criminal corporate entities."

"To allow companies to provide anything less than the beneficial owner information merely provides criminals with an opportunity to evade responsibility."

"We are trying to protect the rights of the States here."