Biden administration unveils first anti-corruption plan

[Yo_Mama_Been_Loggin]

4. Sounds like this part is aimed at Trump

Biden targets all-cash home deals in anti-corruption drive

WASHINGTON (Reuters) - The Biden administration on Monday vowed to crack down on "criminals, kleptocrats and others" paying cash for houses to launder money as part of a broader anti-corruption drive linked to this week's U.S. Summit for Democracy.

Deputy Treasury Secretary Wally Adeyemo, speaking at the Brookings Institution think tank, pledged an "aggressive" push against suspicious all-cash home transactions, moves to beef up enforcement and intensified collaboration with allies.

President Joe Biden ordered officials in June to step up the fight against corruption. Their initial proposals are outlined in a 38-page U.S. national security strategy on countering corruption released Monday.

"Our real estate markets are at risk of becoming a safe haven for criminals, kleptocrats and others seeking to park corrupt profits," Adeyemo said, noting that current law allows people to form companies anonymously to conduct all cash real estate deals that hide the source of funds.

https://www.yahoo.com/news/biden-targets-cash-homes-deals-124237646.html