Requires a new plan to fight international money laundering by improving how agencies share information.
This bill would require the government to create a new plan to fight international money laundering. The plan would focus on improving how different U.S. agencies and foreign partners share information through special groups called Trade Transparency Units. This aims to make it harder for criminals to move illegal money across borders.
Today, Trade Transparency Units are used to fight money laundering, but there's no required, coordinated government strategy to expand their use or improve information sharing. If this bill passes, the Secretary of Homeland Security would be required to develop a strategy with other key agencies to expand and improve information sharing through these units within about six months. The Comptroller General would then review this plan.
HR 6988 · 119th Congress · January 8, 2026 · AI Summary by gemini-2.5-flash · 9/10
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Amounts reflect total quarterly lobbying spend reported to the Senate, not bill-specific spending. Source: Senate LDA filings.