Transparency International U.S. (TI US)

We are the U.S. chapter of @anticorruption 💙
Support our work and join us in the fight to end corruption 💸 ⤵️

[Transparency International U.S. (TI US) @transparencyUSA]

🔗 Read his full analysis here: https://t.co/z3eqQ5s2Wn

[Transparency International U.S. (TI US) @transparencyUSA]

Has the U.S. crossed a "Corruption Rubicon"?

In a new @Newsweek op-ed, TI-US Deputy Executive Director Scott Greytak breaks down how a proposed $1.776B "anti-weaponization fund" threatened to turn taxpayer dollars into a payout system for political loyalty 👇

[Transparency International U.S. (TI US) @transparencyUSA]

5: Venezuela may be FEPA's first real test. If enforced seriously, U.S. companies can push back against bribe demands with the full weight of U.S. law — leveling the playing field without lowering standards. The question is: will the DOJ use it?  
🔗 https://t.co/6mB8UQkLd7

[Transparency International U.S. (TI US) @transparencyUSA]

1. 🆕 New op-ed by our Deputy Executive Director, Scott Greytak, and white-collar defense partner at Squire Patton Boggs, Tom Firestone: "FEPA's First Test: Protecting American Companies Returning to Venezuela" — published in @just_security.
🔗 https://t.co/6mB8UQkLd7

[Transparency International U.S. (TI US) @transparencyUSA]

4: But here's the problem: more than 2 years after FEPA's enactment, the DOJ has yet to bring a single prosecution under the law. Meanwhile, U.S. companies are already being asked to navigate Venezuela's volatile, high-risk market.

[Transparency International U.S. (TI US) @transparencyUSA]

6. We call on every member of Congress to reject this proposal and vote against any effort to weaken the Corporate Transparency Act.
🔗 Read the full statement: https://t.co/JJzl7e4YIH

[Transparency International U.S. (TI US) @transparencyUSA]

1. The U.S. House Committee on Financial Services has advanced H.R. 425 — a bill that would gut the Corporate Transparency Act, the most important anti-money laundering and anti-corruption law in a generation.

[Transparency International U.S. (TI US) @transparencyUSA]

5. Weakening the CTA now risks turning the United States back into a place where criminals and foreign adversaries can more easily fund their networks and hide dirty money in plain sight.

[Transparency International U.S. (TI US) @transparencyUSA]

5/5 Law enforcement and national security experts across the political spectrum have called the CTA a critical tool. We urge every member of Congress to stand with them — and vote NO on H.R. 425.

[Transparency International U.S. (TI US) @transparencyUSA]

4/5 In cases like the Zheng Drug Trafficking Organization, U.S.-formed companies were used to launder fentanyl proceeds across dozens of states. Before the CTA, Iran evaded U.S. sanctions by laundering billions through U.S. accounts and Manhattan real estate.

[Transparency International U.S. (TI US) @transparencyUSA]

3/5 Anonymous shell companies are the tools that drug cartels, human traffickers, corrupt politicians, and sanctioned foreign actors use to move and hide dirty money inside the United States. The CTA was designed to stop exactly that.

[Transparency International U.S. (TI US) @transparencyUSA]

2/5 The CTA requires certain higher-risk companies to disclose their true owners to a confidential federal database. H.R. 425 would exempt more than 99.9% of the companies Congress originally sought to cover.

[Transparency International U.S. (TI US) @transparencyUSA]

1/5 Tomorrow, the U.S. House Committee on Financial Services is marking up H.R. 425, the Repealing Big Brother Overreach Act — a bill that would gut the Corporate Transparency Act, one of the most important anti-money laundering laws passed in a generation. 🧵👇

[Transparency International U.S. (TI US) @transparencyUSA]

5/5 Law enforcement and national security experts across the political spectrum have called the CTA a critical tool. We urge every member of Congress to stand with them — and vote NO on H.R. 425.

[Transparency International U.S. (TI US) @transparencyUSA]

1/5 Tomorrow, the U.S. House Committee on Financial Services is marking up H.R. 425, the Repealing Big Brother Overreach Act — a bill that would gut the Corporate Transparency Act, one of the most important anti-money laundering laws passed in a generation. 🧵👇

[Transparency International U.S. (TI US) @transparencyUSA]

4/5 In cases like the Zheng Drug Trafficking Organization, U.S.-formed companies were used to launder fentanyl proceeds across dozens of states. Before the CTA, Iran evaded U.S. sanctions by laundering billions through U.S. accounts and Manhattan real estate.