March 03,2025
Wyden Statement on Trump Administration Ending Enforcement of Key Anti-Money Laundering Law
Washington, D.C. — Senate Finance Committee Ranking Member Ron Wyden, D-Ore., today issued the following statement on the Trump administration’s announcement that it will not enforce a key law designed to crack down on money laundering:
“The takeaway here is that Trump is a rich financial criminal, and he’s running his administration for the benefit of other rich financial criminals. In particular, this is another gift to shadowy Russian oligarchs and money launderers, who have a lot of reasons to celebrate these days thanks to Donald Trump.”
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