Sheldon Whitehouse: “A retired DEA agent told us fewer resources are dedicated to…”

“If we want to be serious about fighting drug traffickers behind American deaths, we must strike at their financial networks. Globally, less than 1% of illicit financial flows are confiscated each year. At one of our hearings last Congress, A retired DEA agent told us fewer resources are dedicated to money laundering investigations today than 20 years ago. We're going in the wrong direction. We can and must turn that around. I worked with Senator Grassley in the first Trump administration to pass the bipartisan Corporate Transparency act to identify who's behind anonymous corporations used in criminal schemes.” (12:12–12:22)

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