Beautiful Virgin Islands

Tuesday, Jun 03, 2025

Going after the ‘Achilles’ heel’: Biden charges into global corruption fight

Going after the ‘Achilles’ heel’: Biden charges into global corruption fight

Earlier this month, amid a blizzard of news both domestic and foreign, Secretary of State Antony Blinken took the time to ban a powerful Ukrainian oligarch from setting foot in the United States.

Ihor Kolomoyskyy, declared Blinken, was involved in “significant corruption” — having been accused of everything from looting billions from a bank to funding a private militia. Kolomoyskyy, a former governor of a Ukrainian province, used his office for his personal benefit in ways that “undermined [the] rule of law and the Ukrainian public’s faith in their government’s democratic institutions,” Blinken alleged. Not only did Blinken bar Kolomoyskyy (who denies wrongdoing) from obtaining a U.S. visa, he barred the oligarch’s immediate family members, too.

The move was a small but telling signal of the Biden administration’s plan to make battling corruption a key and potentially innovative part of its foreign policy. By selecting a Ukrainian, the administration was hinting that it will expect America’s overseas partners, not just its adversaries, to clean up their act. The choice also was notable given Ukraine’s contentious status in U.S. politics due to its role in former President Donald Trump’s first impeachment and lingering Republican allegations about President Joe Biden’s son Hunter’s dealings there.

Exposing corruption “is something we’re going to dedicate both more focus, more time and more resources to,” Blinken said Wednesday during an appearance before the House Foreign Affairs Committee. “We see it as both, unfortunately, prevalent in so many places, but also a little bit of an Achilles’ heel when we can put the spotlight on it. Because when people see the corruption of their leaders, that’s a good way to undermine support for said leaders.”

Biden and his aides argue that corruption is a growing menace not only to the pocketbooks of ordinary citizens but to democracy itself, and they speak of it with a sense of urgency. But making fighting corruption a policy priority won’t be easy. It’s a topic that cuts across numerous fields and government agencies, requiring bureaucratic savvy to coordinate initiatives. And America’s own corruption issues — from concerns about the role money plays in U.S. politics to lingering questions about whether Trump profited off the presidency — could undercut its voice.

Still, anti-corruption crusaders are unusually excited about Biden’s plans. They say a growing number of governments are waking up to the threat posed by corruption, partly because of the rise of protest movements highlighting popular anger over such malfeasance, and that American leadership is crucial. There’s also bipartisan support in Washington for wrestling with the challenge.

“Governments can’t keep ignoring those grievances,” said Abigail Bellows, a scholar with the Carnegie Endowment for International Peace. “No one country can deal with it alone. It’s something that countries need to work together on.”

‘We are key enablers’


Through promises, policy moves and personnel choices, the Biden administration is laying groundwork for a far-reaching anti-corruption agenda that takes on everything from international money laundering schemes to illicit tax havens to emerging kleptocracies in poorly governed countries.

Under Biden, the National Security Council has established a Democracy and Human Rights directorate which has battling corruption as a key mission; that division has hired Chandana Ravindranath as a director whose sole focus is anti-corruption. The administration also has been considering naming a State Department-based special envoy to rally global attention to the topic, activists familiar with the issue said.

Biden has pledged to host an international “Summit for Democracy” in the coming months, and the need to fight corruption is expected to be a major theme during that gathering. Alongside the summit, Biden is expected to issue a presidential policy directive that establishes fighting corruption as a core national security interest, a promise he made in an essay laying out his foreign policy agenda during the 2020 presidential campaign.

The summit and directive are expected to result in specific policy initiatives aimed at cracking down on a range of acts considered corrupt, including possibly foreign interference in elections, an act that often requires illicit funding.

In a recent “interim strategic guidance” document outlining basic principles of its future National Security Strategy, the Biden administration blamed corruption for an array of ills, arguing, for example, that, tax havens and illicit financing “contribute to income inequality, fund terrorism, and generate pernicious foreign influence.”

The administration also promised to take on what’s often called “strategic” or “weaponized” corruption. That’s usually defined as being when a government, such as the authoritarian ones in China and Russia, use everything from lax lobbying rules to indirect campaign funding to shape the political and policy choices of another country.

It’s critical that the administration not fall into longstanding U.S. habits of viewing corruption as simply a law enforcement issue or one that affects only developing or failed states, analysts and activists said.

If anything, scandals in recent years — chronicled in reports such as the Panama Papers and the FinCEN Files — show that established democracies, through their often-weak financial rules, have helped the problem metastasize to the point where it’s a transnational security threat.

“We are key enablers of the problem globally,” said Trevor Sutton, a senior fellow with the Center for American Progress. “You need to have a concerted strategy among democracies to deal with this issue.”

There are signs that other countries are waking up to the magnitude of the challenge. In June, for instance, the United Nations General Assembly will hold its first-ever special session focused on corruption. Advocates are pushing to make fighting corruption an agenda item during other gatherings in the coming months, such as those of the G-7 and G-20 countries, as well as the Summit of the Americas, which the United States is planning to host later this year.

Bipartisan support in Washington for battling corruption already has given Biden a boost as he promotes his anti-corruption agenda.

As part of the most recent National Defense Authorization Act, the United States banned the practice of registering shell companies anonymously. Anti-corruption activists had pushed for the ban for years, pointing out that allowing such companies to exist offered an easy way to hide and launder money.

Among the Republicans who backed cracking down on anonymous shell companies was Arkansas Sen. Tom Cotton, one of the most hawkish voices in Congress. He warned that “criminals and terrorists are exploiting our financial system using shell companies that hide their identities.”

Beefing up the staffing


It falls to the Biden administration to craft its specific regulations and implement the ban. A coalition of civil society groups recently urged Treasury Secretary Janet Yellen to quickly name someone to take the lead on this implementation process.

Activists say the Biden administration needs to beef up the staffing in certain government divisions if it wants its anti-corruption agenda to go beyond rhetoric and have a meaningful impact.

Several said the Financial Crimes Enforcement Network, a Treasury Department division that tracks an array of illicit activities, is woefully understaffed, with only 300 employees. Given America’s critical position in the global financial system, FinCEN needs a major influx of personnel to better track potential crimes, activists and analysts said. Doing so, however, could require additional funding and, potentially, permission from Congress.

Newsletter

Related Articles

Beautiful Virgin Islands
0:00
0:00
Close
China Accuses US of Violating Trade Truce
Panama Port Owner Balances US-China Pressures
France Implements Nationwide Outdoor Smoking Ban to Protect Children
German Chancellor Merz Keeps Putin Guessing on Missile Strategy
Mandelson Criticizes UK's 'Fetish' for Abandoning EU Regulations
British Fishing Boat Owner Fined €30,000 by French Authorities
Dutch government falls as far-right leader Wilders quits coalition
Harvard Urges US to Unfreeze Funds for Public Health Research
Businessman Mauled by Lion at Luxury Namibian Lodge
Researchers Consider New Destinations Beyond the U.S.
53-Year-Old Doctor Claims Biological Age of 23
Trump Struggles to Secure Trade Deals With China and Europe
Russia to Return 6,000 Corpses Under Ukraine Prisoner Swap Deal
Microsoft Lays Off Hundreds More Amid Restructuring
Harvey Weinstein’s Publicist Embraces Notoriety
Macron and Meloni Seek Unity Despite Tensions
Trump Administration Accused of Obstructing Deportation Cases
Newark Mayor Sues Over Arrest at Immigration Facility
Center-Left Candidate Projected to Win South Korean Presidency
Trump’s Tariffs Predicted to Stall Global Economic Growth
South Korea’s President-Elect Expected to Take Softer Line on Trump and North Korea
Trump’s China Strategy Remains a Geopolitical Puzzle
Ukraine Executes Long-Range Drone Strikes on Russian Airbases
Conservative Karol Nawrocki wins Poland’s presidential election
Study Identifies Potential Radicalization Risk Among Over One Million Muslims in Germany
Good news: Annalena Baerbock Elected President of the UN General Assembly
Apple Appeals EU Law Over User Data Sharing Requirements
South Africa: "First Black Bank" Collapses after Being Looted by Owners
Poland will now withdraw from the EU migration pact after pro-Trump nationalist wins Election
"That's Disgusting, Don’t Say It Again": The Trump Joke That Made the President Boil
Trump Cancels NASA Nominee Over Democratic Donations
Paris Saint-Germain's Greatest Triumph Is Football’s Lowest Point
OnlyFans for Sale: From Lockdown Lifeline to Eight-Billion-Dollar Empire
Mayor’s Security Officer Implicated | Shocking New Details Emerge in NYC Kidnapping Case
Hegseth Warns of Potential Chinese Military Action Against Taiwan
OPEC+ Agrees to Increase Oil Output for Third Consecutive Month
Jamie Dimon Warns U.S. Bond Market Faces Pressure from Rising Debt
Turkey Detains Istanbul Officials Amid Anti-Corruption Crackdown
Taylor Swift Gains Ownership of Her First Six Albums
Bangkok Ranked World's Top City for Remote Work in 2025
Satirical Sketch Sparks Political Spouse Feud in South Korea
Indonesia Quarry Collapse Leaves Multiple Dead and Missing
South Korean Election Video Pulled Amid Misogyny Outcry
Asian Economies Shift Away from US Dollar Amid Trade Tensions
Netflix Investigates Allegations of On-Set Mistreatment in K-Drama Production
US Defence Chief Reaffirms Strong Ties with Singapore Amid Regional Tensions
Vietnam Faces Strategic Dilemma Over China's Mekong River Projects
Malaysia's First AI Preacher Sparks Debate on Islamic Principles
White House Press Secretary Criticizes Harvard Funding, Advocates for Vocational Training
France to Implement Nationwide Smoking Ban in Outdoor Spaces Frequented by Children
×