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Biden calls for sweeping new push to expose and punish financial corruption

Summary by Ground News
President Biden has introduced sweeping new strategies to fight financial corruption. The White House said it would work with Congress to bring more scrutiny to trust companies, lawyers and other financial gatekeepers. The administration has also promised to ramp up anti-corruption investigations at the Treasury Department and other federal agencies. The plan includes a call for greater diplomatic efforts to defend investigative journalists who expose corruption.

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The Washington PostThe Washington Post
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Biden calls for sweeping new push to expose and punish financial corruption

The administration said it would work with Congress to bring more scrutiny to trust companies, lawyers and other financial gatekeepers, seek to identify owners “hiding behind opaque” corporations and target those involved in real estate transactions used to hide or launder money.

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The Washington Post broke the news in on Tuesday, December 7, 2021.
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