On the recordDecember 1, 2022
Madam Speaker, this week I proudly joined Senator Durbin and Senator Blumenthal in introducing the Corporate Crime Database Act, bicameral legislation that requires the Department of Justice to collect, aggregate, analyze, and publish comprehensive data on Federal corporate criminal enforcement actions. While the Department of Justice regularly collects data on nearly every type of street-level crime, there is currently very little reporting of corporate and white-collar crimes. A Federal corporate crime database is critical to bolstering corporate crime law enforcement and holding wrongdoers accountable. But the last thorough DOJ report on corporate crime was in 1979. Without data or transparency, lawmakers, journalists, and the public are left in the dark about the size and scope of corporate crime in America and the effectiveness of the Federal Government's response. By requiring the DOJ to collect and analyze information regarding enforcement actions, publish a database of the enforcement actions, and submit an annual report to Congress, the Corporate Crime Database Act will deter future crimes and protect victims. I urge my colleagues on both sides of the aisle to support this commonsense legislation to curtail corporate crime. ____________________





