Search Results: keywords:"terrorism financing"

  • H. R. 8038 — To authorize the President to impose certain sanctions with respect to Russia and Iran, and for other purposes.
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    Status:Introduced in House
    Words:37,534

    The proposed legislation, known as H.R. 8038, aims to empower the U.S. President to impose various sanctions specifically targeting Russia and Iran. The bill outlines comprehensive measures responding to national issues such as fentanyl trafficking and money laundering. It...

    Simple Explanation

    The bill lets the President make rules to stop some countries, like Russia and Iran, from doing bad things like selling drugs or misusing money, and it tries to help places like Ukraine get money to rebuild. But it doesn't say exactly how the money will be handled, which could cause some confusion.

  • H. R. 2969 — An Act To establish an Independent Financial Technology Working Group to Combat Terrorism and Illicit Financing, and for other purposes.
    Status:Engrossed in House
    Words:1,599

    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...

    Simple Explanation

    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.