Russia’s troop buildup near Ukraine raises tensions in region ahead of Biden and Putin video call

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Reuters

Biden targets all-cash home deals in anti-corruption drive

The Biden administration on Monday vowed to crack down on “criminals, kleptocrats and others” paying cash for houses to launder money as part of a broader anti-corruption drive linked to this week’s U.S. Summit for Democracy. Deputy Treasury Secretary Wally Adeyemo, speaking at the Brookings Institution think tank, pledged an “aggressive” push against suspicious all-cash home transactions, moves to beef up enforcement and intensified collaboration with allies. President Joe Biden ordered officials in June to step up the fight against corruption.

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