30th Parliamentary Intelligence-Security Forum – Opening Remarks / Keynote Remarks

Sen. Cassidy’s remarks focused on the global threat posed by money laundering and the illicit financial networks that enable transnational crime, authoritarian regimes, and the proliferation of fentanyl. He outlined how Chinese criminal industries steal intellectual property and distribute counterfeit goods, harming artisans, legitimate businesses, and national economies. Cassidy also warned of China’s role in supplying chemical precursors for fentanyl, fueling a deadly epidemic in the United States. He emphasized the need for aggressive accountability for China and transnational criminal organizations. He highlighted U.S. legislative action combating counterfeit goods and underscored the importance of international cooperation, thanking the Forum for its contribution to this global effort.