Sens. Todd Young (R-IN) and Ben Cardin (D-MD) have reintroduced a measure they said would make efforts to address global corruption a national security priority. The Combating Global Corruption Act would raise the profile of fighting international corruption noting the … Read More »

The long-sought reforms, effectively ending anonymous shell companies, were included in an annual defense spending bill approved by both houses of Congress with veto-proof margins.

The landmark legislation contains several loopholes, exemptions and shortcomings that may become key vulnerabilities in the fight against corruption and financial secrecy, advocates say.