“President Biden is making anticorruption a central pillar of his administration’s national security agenda, issuing a directive the White House said would help further collaboration between government agencies on issues including kleptocracy and illicit finance. . . . In a call with reporters, a senior administration official highlighted several areas in which the White House already has taken steps to bolster its commitment to anticorruption. Those efforts include steps to implement the Corporate Transparency Act, a law Congress approved earlier this year that reforms U.S. anti-money-laundering laws. . . . The legislation calls for the U.S. Treasury Department to build a corporate-ownership registry that lawmakers hope will prevent the use of anonymous shell companies for illicit purposes.”
A June 4, 2021, Wall St. Journal article states:
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