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Team Biden Works to Reignite Population Wars in Central America

Team Biden Works to Reignite Population Wars in Central America
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Biden to Put Anti-Corruption Efforts at Center of Foreign Policy, With Focus on Crypto and Cybersecurity


The official said major parts of the directive will be focused on financial crimes, including steps to modernize existing anti-corruption laws to confront cryptocurrencies and cybercrime.
We are looking at crypto as a means of illicit finance, the official said, but by no means are these new steps limited to new technologies like crypto.
The official also said the effort would likely involve updates to the Bank Secrecy Act, the primary means by which law enforcement can track how money moves through financial institutions.
We ll be looking for ideas of how to modernize these systems to respond to new technologies, the official said. The memo does not name individual countries, specific currencies or particular kinds of assets. ....

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Biden directs federal agencies to step up anti-corruption efforts


Senior administration officials said the National Security Study Memorandum (NSSM) builds on efforts already underway at departments like Treasury and Justice to crack down on shell companies and kleptocracy.
“The essence of the memorandum … is that the U.S. government is placing the anti-corruption fight at the center of its foreign policy,” a senior administration official told reporters.
The NSSM is the first such memo to be issued by the administration since Mr. Biden took office in January.
The memo serves as “formal and public direction from President Biden that he expects all relevant federal departments and agencies to up their anti-corruption game in very specific ways,” an official said. ....

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Memorandum on Establishing the Fight Against Corruption as a Core United States National Security Interest


Section 1.  Policy.  Corruption corrodes public trust; hobbles effective governance; distorts markets and equitable access to services; undercuts development efforts; contributes to national fragility, extremism, and migration; and provides authoritarian leaders a means to undermine democracies worldwide.  When leaders steal from their nations’ citizens or oligarchs flout the rule of law, economic growth slows, inequality widens, and trust in government plummets.
In financial terms alone, the costs of corruption are staggering.  It has been estimated that acts of corruption sap between 2 and 5 percent from global gross domestic product.  While such costs are not evenly shared worldwide, the abuse of power for private gain, the misappropriation of public assets, bribery, and other forms of corruption impact every country and community.  The proceeds of these acts cross national borders and can impact economies and political systems far from their origin.  Anonymous s ....

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FACT SHEET: Establishing the Fight Against Corruption as a Core U.S. National Security Interest


The Biden-Harris Administration is committed to tackling corruption as an economic and national security priority, and has pledged to lead international efforts to bring transparency to the global financial system and close loopholes that undermine democracy.  As the Interim National Security Strategic Guidance states:
 “We will take special aim at confronting corruption, which rots democracy from the inside and is increasingly weaponized by authoritarian states to undermine democratic institutions…We will crack down on tax havens and illicit financing that contribute to income inequality, fund terrorism, and generate pernicious foreign influence.” 
Today, in line with this commitment, President Biden is releasing a National Security Study Memorandum (NSSM) that establishes the fight against corruption as a core national security interest of the United States. The NSSM directs a 200-day interagency review that will culminate in a report and recommendations on how ....

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