H. J. RES. 213 is a joint resolution expressing Congress's disapproval of a rule submitted by the Financial Crimes Enforcement Network. This rule pertains to anti-money laundering and countering the financing of terrorism programs as well as suspicious activity report filing requirements for...
Congress is saying "no" to some new rules about stopping money that's used for bad things, like helping bad guys. They want to make sure these rules don't become real.
H. J. RES. 212 is a joint resolution introduced in the House of Representatives. It seeks to disapprove a rule established by the Financial Crimes Enforcement Network that deals with anti-money laundering regulations specifically related to residential real estate transfers....
H. J. RES. 212 is like a big decision in a house meeting where they talk about stopping a rule that tells people how to safely buy houses so no bad guys can hide their money; if they agree, that rule will go away.
H. R. 7167, titled the "End Banking for Human Traffickers Act of 2024," is a proposed law aiming to involve the financial industry more actively in the fight against human trafficking. The bill mandates the Financial Institutions Examination Council, along with other councils...
The End Banking for Human Traffickers Act of 2024 is a plan to help banks and money places find and report bad money deals that might involve human trafficking, to stop bad guys from making money this way. It asks special groups to look at how they can do this better and suggest new ideas, but it makes sure not to hurt people who were victims.
S. 4297 seeks to repeal the Corporate Transparency Act, which was part of the William M. (Mac) Thornberry National Defense Authorization Act for Fiscal Year 2021. This bill proposes removing all changes brought about by the Corporate Transparency Act, including specific...
S. 4297 wants to cancel a law that helps keep track of companies to make sure they aren’t hiding bad stuff like money for bad guys. It’s like deciding not to make kids keep their rooms clean, which might seem fun, but could also lead to messy problems!
The bill H.R. 8212, titled the “End the Cyprus Embargo Act,” seeks to stop the policy that denies exports, re-exports, or transfers of defense-related items and services between the United States and the Republic of Cyprus. It declares Congress's belief that this change would...
The bill wants to stop the rule that says the United States can't send defense-related items to Cyprus. It thinks this will help keep Europe safe and will make Cyprus less reliant on other countries for defense help.
H. R. 8686, known as the "Financial Reporting Threshold Modernization Act," aims to update the monetary thresholds for certain financial reporting requirements related to currency transactions and suspicious activities. It proposes increasing the threshold for currency transaction reports...
The "Financial Reporting Threshold Modernization Act" is a plan to make banks report only very big money transactions, raising the limit they need to report. It adjusts these limits every year so they keep up with changing money value, but some people worry it might make it easier for bad guys to hide money.
H.R. 2969, known as the "Financial Technology Protection Act of 2023," aims to create an Independent Financial Technology Working Group to address terrorism and illicit financing. This group will include various government agencies and representatives from financial...
The Financial Technology Protection Act of 2023 is all about making a special group of experts to help stop bad guys from using new digital money for illegal things, like funding terrorism. This group will work together and come up with smart ideas to make sure digital money is used safely.
H.R. 2969, known as the “Financial Technology Protection Act of 2023,” seeks to create an Independent Financial Technology Working Group. This group will be responsible for researching how new financial technologies, like digital assets, could be used for terrorism and...
H.R. 2969 wants to create a special group to learn how new money technologies, like digital coins, might be used for bad things and to find ways to stop them. It also asks the President to keep an eye on these technologies so they can't be used by bad people.
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