HRES 206
Acknowledging that the lack of sunlight and transparency in financial transactions poses a threat to our national security and our economy's security and supporting efforts to close related loopholes.
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Bill overview
This House Resolution recognizes that a lack of transparency in financial transactions and corporate formations poses risks to U.S. national and economic security. It supports efforts to close loopholes that enable money laundering, terrorism financing, and corruption. The resolution encourages greater transparency within the financial system, urges compliance with existing laws, and calls for accountability for those involved in illicit financial activities.
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