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Steps Congress can take to defend America against foreign influence operations

April 19, 2018

Last week, Lt. Gen. H.R. McMaster conceded that, “We have failed to impose sufficient costs… [on Russia for the Kremlin’s use of]…new and old forms of aggression to undermine our open societies.” Special Counsel Robert Mueller’s recent indictment of Russia’s Internet Research Agency and related individuals, made clear the extent of the operation attacking our country’s elections and institutions. And yet, more than a year after the 2016 presidential election, and with mid-term elections looming on the horizon, little has been done to increase America’s defenses against the threat of foreign interference in our democracy or impose costs on those who do.

Briefing Memo: Analysis of Concerns Raised by Opponents of the Draft Counter Terrorism and Illicit Finance Act

April 4, 2018

The FACT Coalition sent this memo to offer detailed responses to several common concerns raised by opponents of the discussion draft of the Counter Terrorism and Illicit Finance Act and to inform the debate moving forward.

Oligarchs hide billions in shell companies. Here’s how we stop them

April 3, 2018

Two years ago we published the Panama Papers after an anonymous source provided 2.6 terabytes of internal data from the dubious Panamanian law firm of Mossack Fonseca. We shared the data with 400 journalists worldwide and together revealed how the wealthy and powerful use shell companies to hide their assets. Such companies are exploited by dictators, drug cartels, mafia clans, fraudsters, weapons dealers and regimes like North Korea and Iran to hide their shady business transactions.

Faith Leaders Against Anonymous Shell Companies

January 4, 2018

As faith leaders in Utah, we are concerned with a gaping hole in state and federal law that is having dire consequences throughout the state, country and the world. We feel it is time as citizens to call on our representatives to correct this oversight and give law enforcement the tools they need to protect us and our financial system. It is time to end the legal twilight zone where anonymous shell companies are used to protect criminals.

Letter from the National District Attorneys Association to the House Financial Services Committee Supporting Corporate Transparency

December 7, 2017

The National District Attorneys Association sent a letter the U.S. House Financial Services Committee regarding the Corporation Transparency.

Joint Letter to Congress from 100-Plus Groups Opposing “Territorial Tax System”

October 2, 2017

The FACT Coalition joined 100 other groups in sending a letter to Congress on Monday, October 2, 2017 opposing a proposal to allow multinationals to pay low-to-no taxes on the profits they booked offshore, also known as a “territorial tax system.”