Political Quotes

“Americans living abroad continue to face unnecessary roadblocks not only to U.S. banks, but increasingly at foreign banks as well. The requests from expats continue to come in at a startling rate. I want to thank Congresswoman Carolyn Maloney for helping to bring these banking roadblocks to the attention of the Treasury Department. We are hoping that the Financial Services Committee will soon hold hearings to review current U.S. banking laws and regulations that may prevent Americans living overseas from accessing U.S. banking services. International Herald Tribune reporter Brian Knowlton recently highlighted that ``amid mounting frustration over taxation and banking problems, small but growing numbers of overseas Americans are taking the weighty step of renouncing their citizenship.'' I encourage the Financial Services Committee to read Knowlton's article and schedule a hearing in the very near future. In conclusion, God bless our troops and we will never forget September 11th in the Global War on Terrorism.”