Most American’s will have no problem with this effort….
(Neither will Progressive’s)
Most Republican lawmakers probably won’t support this….
The administration has also promised to ramp up anti-corruption investigations at the Treasury Department and other federal agencies and elevate U.S. efforts to partner with anti-money laundering regimes in other countries. The plan includes a call for greater diplomatic efforts to defend investigative journalists who expose corruption….
…
“Current law encourages the U.S. trust industry to compete on the basis of providing anonymity and shirking public accountability,” he said. “This effectively weaponizes our otherwise strong rule-of-law financial systems against us, undermining our national security and our democratic institutions domestically and internationally.”
The announcement from The White House came ahead of a scheduled Congressional hearing to probe the rise of the United States as a global tax haven. The House Ways and Means Subcommittee on Oversight, citing the Pandora Papers, plans on Wednesday to focus on why South Dakota and other states enacted customer-friendly laws that have allowed the wealthy to move and hide assets in the United States….
Note….
One Donald J. Trump IS being investigated by at least two New York DA’s on this very thing….