Detailed text transcripts for TV channel - CNN - 20190316:13:41:00
With particularly stores that accept only cash. there is a lot of money laundering that goes on the cash. this is not a simple issue that just has to do with financial inclusion. $500 billion a year roughly are not paid in federal taxes alone and maybe half of that has to do with cash intensive businesses. and drug smuggling, human trafficking. bribes, corruption, arms dealing. buying expensive apartments in trump tower, cash is a fraud issue. but we're not ready to go cashless any time soon. >> the mayor in philadelphia, jim kenny, says 26% of his residents are below the poverty lean. i've re...