Bipartisan Bill Would Use Tiered System to Look for Sanction Targets
The Combating Global Corruption Act, introduced by Sens. Ben Cardin, D-Md., and Todd Young, R-Ind., and five other Democratic senators, would require the State Department to rank all foreign countries in three tiers based on their efforts to fight corruption.…
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The bill, introduced Jan. 22, asks the Treasury and State departments to evaluate all foreigners “engaged in grand corruption” in tier 3 countries, to see if they should have Global Magnitsky Human Rights Accountability Act sanctions against them. Congress wants an annual report of who was evaluated, who was sanctioned, and why.