In some states, creating a shell company to hide your identity is easier than getting a library card. The global flow of dark money is a serious threat—and it's time to root it out. I've got a plan to fight global financial corruption at home and abroad. elizabethwarren.com/plans/internat…
Financial corruption is a threat to our security and our democracy. Illicit networks foster corruption, inequality, and kleptocracy. Dark money bankrolls nuclear proliferation, terrorism, human trafficking, and repressive and hostile regimes.
Rather than fighting for transparency, Donald Trump has spent his career embracing shady deals and exploiting legal loopholes. He’s repeatedly partnered with shady actors on real estate deals that reek of money laundering, corruption, and fraud.
We need a president who will fight back against global financial corruption—and that starts here at home. The United States is at the center of the global financial system and helps to shape international financial rules. We have the leverage to strengthen global transparency.
I’ll work with Congress to enact anti-money laundering reforms and update basic financial integrity requirements. I’ll expand real estate disclosure requirements. I'll strengthen enforcement against financial institutions and clamp down on dark money enablers here in the U.S.
We must overturn Citizens United with a constitutional amendment to end the corruption of our campaigns and elections—but there are also steps we can take now. I'll fight to update campaign finance laws to limit foreign interference and bring dark money into the light.
Financial corruption is a worldwide problem, and my administration will work with our international allies and partners to fight it. We'll expand the technical assistance we offer to our partners. And we'll work together to hold corrupt kleptocrats accountable.
Around the world, protestors are rising up against corruption and economic inequality. The United States must stand with them and lead the way to fight financial corruption here at home and around the world.
