Hearing: Potential Consequences of FinCEN’s Beneficial Ownership Rulemaking

Subcommittee on National Security, Illicit Finance, and International Financial Institutions (Committee on Financial Services)

Tuesday, July 18, 2023 (2:00 PM)

2128 RHOB
Washington, D.C.

Witnesses

Mr. Kevin Kuhlman
Vice President, National Federation of Independent Business (NFIB)

Added 07/13/2023 at 02:56 PM
  • Witness Statement [PDF] Added 07/17/2023 at 12:08 PM
  • Witness Truth in Testimony [PDF] Added 07/17/2023 at 02:49 PM

Mr. Jim Richards
Founder and Principal, RegTech Consulting LLC

Added 07/13/2023 at 02:56 PM
  • Witness Statement [PDF] Added 07/14/2023 at 12:18 PM
  • Witness Truth in Testimony [PDF] Added 07/14/2023 at 12:18 PM

Mr. Pete Selenke
Vice President and Anti-Money Laundering/Bank Secrecy Act Officer, Central Bank (Jefferson City, MO), on behalf of American Bankers Association

Added 07/13/2023 at 02:56 PM
  • Witness Statement [PDF] Added 07/17/2023 at 09:32 AM
  • Witness Truth in Testimony [PDF] Added 07/17/2023 at 09:32 AM

Mr. Gary Kalman
Executive Director, Transparency International US

Added 07/13/2023 at 02:56 PM
  • Witness Statement [PDF] Added 07/14/2023 at 05:29 PM
  • Witness Truth in Testimony [PDF] Added 07/14/2023 at 05:29 PM

Text of Legislation

  • H.R. 4035, “Protecting Small Business Information Act of 2023” [PDF] Added 07/13/2023 at 02:56 PM
  • H.R. _____, “Protect Small Business & Prevent Illicit Financial Activity Act of 2023” [PDF] Added 07/13/2023 at 02:56 PM
  • H.R. 3244, “Stop Fentanyl Money Laundering Act of 2023” [PDF] Added 07/13/2023 at 02:56 PM
  • H.R. _____, “Iran-China Energy Sanctions Act of 2023” [PDF] Added 07/13/2023 at 02:56 PM
  • H.R. _____, “Foreign Affiliates Sharing Pilot Program Extension Act” [PDF] Added 07/13/2023 at 02:56 PM
  • H.R. _____, “Combatting Foreign Surveillance Spyware Sanctions Act” [PDF] Added 07/13/2023 at 02:56 PM
  • H.R. _____, “Russia and Belarus Financial Sanctions Act” [PDF] Added 07/13/2023 at 02:56 PM
  • H.R. ____, "Small Business Working Group Act’’ [PDF] Added 07/13/2023 at 03:11 PM
  • H.R. _____, “The INCSR Improvement Act” [PDF] Added 07/13/2023 at 04:53 PM

Support Documents

  • Notice [PDF]
  • Memorandum [PDF] Added 07/13/2023 at 02:56 PM

First Published: July 11, 2023 at 11:43 AM
Last Updated: July 17, 2023 at 02:49 PM


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