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https://www.thebulwark.com/p/trumps-gift-to-the-money-launderers-database-treasury>
"DONALD TRUMP PROMISED Americans a new golden age. Unfortunately, it turns out
to be a golden age for diarrhea and white-collar crime.
Biological, social, and financial parasites are all flourishing, because the
Trump administration has destroyed the institutional capacity necessary to
detect and eradicate them.
In the latest (non-GI-related) development, the Department of the Treasury
announced this week that it would destroy the government’s registry of
shell-company ownership. This is an anti-corruption database that Treasury is
by law required to maintain, so that law enforcement can more easily “follow
the money” when investigating crimes.
Even worse, the Trump administration will also destroy all the data it has
already collected, so that no future presidential administration or local
police department can use it, either.
“It’s like Trump ordering the deletion of the FBI’s entire fingerprint
database,” former congressman Tom Malinowski (D-N.J.), a champion of the 2021
law that created the corporate registry, told
The Bulwark.
They’re effectively salting the earth, so that sex traffickers, scam artists,
drug lords, money-launderers, and tax cheats can roam free not only through the
end of Trump’s time in office but long after he’s out, too."
Via Susan ****
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
