WASHINGTON, July 22 -- The House Ways & Means Committee Chairman issued the following news release:

WASHINGTON, D.C. - Ways and Means Committee Chairman Jason Smith (MO-08) delivered the following opening statement at a Committee markup of legislation to increase transparency in America's tax-exempt sector, hold bad actors accountable, prevent foreign influence in American politics and public discourse, and protect religious freedom.

As prepared for delivery.

"Good morning and welcome to today's markup of legislation to increase transparency in America's tax-exempt sector, hold bad actors accountable, prevent foreign influence in our politics and public discourse, and protect religious freedom.

"During the last few decades, tax-exempt o...