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Transcripts For CSPAN Key Capitol Hill Hearings 20150522

Did mention, you brought out your customer problems with our banks and i think that given that the statute that i referenced allowed only temporary exemptions, do you believe it is time that those involved in these type of real estate transactions should be required to implement u. S. AntiMoney Laundering programs . Asthings such as the virtual word we need to think about this in order to preclude dirty money from entering the system. Anything that moves in terms of hiding money criminals and terrorists are very good at trying to circumvent our measures. Ms. Waters i suppose you are aware of the extensive article that was done about the Time Warner Center and it is absolutely startling to take a look at the purchase of those properties and who is buying them and how it operates. I think that this information is very instructive. And it should cause us to want to take a closer look about what we do about these kind of real estate transactions. Thank you. I held back. Mr. Williams i have

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