March 14 2019
An anti-money laundering resolution presented by Congresswoman Maxine Waters (D-CA) passed by a voice vote on Thursday (March 14).
The resolution specifically tackles two significant loopholes in current anti-money laundering legislation, including the lack of transparency in the arts and antiquities industry.
“According to the Antiquities Coalition, ‘the United States is the largest destination for archaeological and ethnological objects from around the world,’” explained Waters. “We know, too, that terror groups like ISIS have looted and sold these treasures to fund their operations.”