Political parties
Bipartisan Committee Seeks Assurances from PayPal on Compliance with U.S. Anti-Money Laundering Laws in Chinese Payment System Integration
U.S. lawmakers are putting PayPal on notice, seeking assurances that the company will fully comply with U.S. anti-money laundering laws in its new integration with a Chinese payment system. Rep. Raja Krishnamoorthi, D-Illinois, and Chairman John Moolenaar, R-Michigan, sent a bipartisan inquiry to PayPal CEO Alex Chriss, highlighting