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. 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.