A bipartisan provision in the National Defense Authorization Act (NDAA) would give law enforcement more tools needed to help fight human trafficking, the drug trade and money laundering.

During a press call Wednesday, Sen. Sherrod Brown (D-OH) said, as the senior Democrat on the Banking, Housing and Urban Affairs Committee, this is something he has been working on for years in a bipartisan way with Sen. Mike Crapo (R-ID), the committee’s chair.

“The Anti-Money Laundering Act (and) the Corporate Transparency Act will update and reform tools we have to crack down on anonymous shell companies and big banks that enable criminals,” Brown said. “We know criminals abuse the financial system to launder money from drug trafficking, from organized crime, from Medicare/Medicaid fraud, weapons sales, human trafficking. Much of this dirty money has been laundered through anonymous shell corporations.”

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