The One Place Congress Works

Last Thursday, eight Senators introduced a bill to outlaw anonymous shell companies—entities used to hide the wealth of all sorts of criminals, including terrorists, tax evaders, kleptocrats, and human traffickers. The four Republicans and four Democrats all sit on the Senate Banking Committee and have spent the past year coordinating among their personal offices. The committee hasn’t yet taken up their work with dedicated hearings, drafts, or markups. This bipartisan push offers the moment for the committee to join the fight quickly and strongly. It’s not over yet, but this has the potential to...