Biden Plan to Combat Corruption Includes New Real Estate Rules

The White House’s new plan to combat corruption—both domestically and overseas—seeks to, among other things, add new regulations on the real estate industry. The United States' Strategy on Countering Corruption, a 38-page document released Dec. 6, outlines five pillars characterizing its goals. These are: modernizing, coordinating, and resourcing U.S. government efforts to fight corruption; curbing illicit finance; holding corrupt people accountable; preserving and strengthening the capacity to fight corruption; and improving diplomatic engagement, and leveraging foreign assistance resources to fight corruption. The White House calls the strategy a whole-of-government approach to elevating the fight against corruption. "Corruption threatens U.S. national security, economic equity, global anti-poverty and development efforts, and democracy itself,” said President Joe Biden on Dec. 6. “But, by effectively preventing and countering corruption, and demonstrating the advantages of transparent and accountable governance, we can secure a critical advantage for the United States and other democracies." As part of ...

Biden Plan to Combat Corruption Includes New Real Estate
Rules
The White House’s new plan to combat corruption—both domestically and overseas—seeks to, among other things, add new regulations on the real estate industry. The United States' Strategy on Countering Corruption, a 38-page document released Dec. 6, outlines five pillars characterizing its goals. These are: modernizing, coordinating, and resourcing U.S. government efforts to fight corruption; curbing illicit finance; holding corrupt people accountable; preserving and strengthening the capacity to fight corruption; and improving diplomatic engagement, and leveraging foreign assistance resources to fight corruption. The White House calls the strategy a whole-of-government approach to elevating the fight against corruption. "Corruption threatens U.S. national security, economic equity, global anti-poverty and development efforts, and democracy itself,” said President Joe Biden on Dec. 6. “But, by effectively preventing and countering corruption, and demonstrating the advantages of transparent and accountable governance, we can secure a critical advantage for the United States and other democracies." As part of ...