The US Treasury Dept. says it is working on a new rule to better identify who is behind all-cash real estate transactions and to see if those purchases are being used to shelter illegal profits.
In June, President Joe Biden ordered officials to craft policies to thwart illegal activities. Their initial proposals are outlined in a 38-page national security strategy on countering corruption, released on Monday.
“The ability of illicit actors to launder criminal proceeds through the purchase of real estate,” Treasury said, “threatens U.S. national security and the integrity of the U.S. financial system.”
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
China's communists bash US democracy before Biden summitChina's Communist Party took American democracy to task on Saturday, sharply criticizing a global democracy summit being hosted by President Joe Biden next week and extolling the virtues of its governing system. The harsh rhetoric reflects a growing clash of values that has been thrust into the spotlight as China rises as a global power. The pandemic exposed defects in the American system, said Tian Peiyan, the deputy director of the Communist Party's Policy Research Office.
Lire la suite »
Biden unveils first-ever U.S. government strategy for countering corruptionThe Biden administration on Monday released the first-ever U.S. government strategy for countering corruption, kicking off a week of policy initiatives pegged to the inaugural 'Summit for Democracy' on Dec. 9-10.Why it matters: Joe Biden is the first president to establish the fight against corruption as a core national security interest. Critics say corruption not only robs a nation of its core resources but discourages citizens believing in the rule of law.Stay on top of the latest market tren
Lire la suite »
Biden speaks to 'incredible news' inside sluggish November jobs reportOn the heels of a sluggish November jobs report, Pres. Joe Biden on Friday touted the country's employment landscape as improving despite there being fewer jobs added last month than economists expected.
Lire la suite »
Biden, Putin set video call Tuesday as Ukraine tensions growThe Kremlin says Pres. Joe Biden and Russian President Vladimir Putin will speak by telephone on Tuesday.
Lire la suite »
Fact check: Biden tells inaccurate story about his 1973 meeting with Israeli PMPresident Joe Biden has a favorite story about his long relationship with Israel. For decades, he has been publicly recounting his 1973 meeting with then-Israeli Prime Minister Golda Meir -- which he described in 2015 as 'one of the most consequential meetings I've ever had in my life.'
Lire la suite »