Jerome H Powell: Anti-money laundering and the Bank Secrecy Act Testimony by Mr Jerome H Powell, Member of the Board of Governors of the Federal Reserve System, before the Committee on Banking, Housing, and Urban Affairs, US Senate, Washington DC, 7 March 2013.
*  *  *  Chairman Johnson, Ranking Member Crapo, and other members of the committee, thank you for inviting me to discuss the important role the Federal Reserve plays in the U.S. government’s effort to combat money laundering and terrorist financing.