March 8, 2013
Clark Gascoigne, +1 202 293 0740 ext. 222
GFI Director Raymond Baker Releases Statement on Sen. Levin’s Decision to Not Seek Re-Election in 2014
WASHINGTON, DC – Raymond Baker, director of Global Financial Integrity (GFI), a Washington, DC-based research and advocacy organization, released the following statement upon news late yesterday that U.S. Senator Carl Levin (D-MI) would not seek reelection in 2014:
“Senator Carl Levin has for many years been a tireless fighter for transparency and accountability in the international financial system. As chairman and ranking member of the U.S. Senate Permanent Subcommittee on Investigations, Sen. Levin has played a pivotal role in exposing many of the biggest financial fraud schemes of the twenty-first century. He led efforts to investigate offshore abuse in the collapse of Enron, exposed rampant money-laundering facilitation on behalf of global banking giants like HSBC and Riggs, and held hearings revealing how both UBS and LGT Bank helped thousands of wealthy Americans evade paying taxes to the IRS.
“When Sen. Levin retires in 2014, we will be losing a champion of our concerns in the U.S. Congress. His voice will be sorely missed on Capitol Hill. That said, we look forward to working with the Senator over the final two years of his term and beyond in advancing a more transparent and accountable financial system at home and abroad.”
In December 2011, GFI presented Sen. Levin with the organization’s 2011 Annual Award for Exemplary Leadership.
Notes to Editors:
- Click here to read Senator Carl Levin’s announcement that he will not seek reelection in 2014.
- Click here for more information on Sen. Levin being awarded Global Financial Integrity’s 2011 Annual Award for Exemplary Leadership.
+1 202-293-0740 ext.222
Global Financial Integrity (GFI) is a Washington, DC-based research and advocacy organization which promotes transparency in the international financial system as a means to global development.
For additional information please visit www.gfintegrity.org.