The United States of Anonymity: How America Became a Financial Secrecy Haven

In the past few years, the United States has become one of the world’s leading financial secrecy jurisdictions, allowing a host of kleptocrats and other criminals to hide illicit wealth while threatening our democracy and national security.

On November 30, Senator Sheldon Whitehouse gave keynote remarks at the launch of a new report from Hudson Institute’s Kleptocracy Initiative, The United States of Anonymity. Written by journalist Casey Michel, the report explores the emergence of anonymous companies and trusts, and argues for a federal solution to lift the veil of secrecy shrouding America’s financial system.

After Sen. Whitehouse’s remarks, Casey Michel presented the key findings of his report, followed by a response from Jack Blum, and a panel discussion moderated by Charles Davidson.