HALISTER1: Senate Passes Money-Laundering Crackdown Bill

Senate Passes Money-Laundering Crackdown Bill

(Bloomberg) -- Senate passes bill aimed at improving U.S.’s ability to prevent, detect and stop illicit finance by expanding ability of Treasury to target money laundering, Sens. Richard Shelby, R-Ala., and Sherrod Brown, D-Ohio, say in joint statement.
  • Bill would direct president to oversee creation of comprehensive national strategy to combat financing of terrorism and other illegal activity
  • NOTE: Senate Banking Cmte Chairman Shelby and Brown, the panel’s top Democrat, co-sponsored the legislation
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

Tickers
1025701D US (Senate Committee on Banking Housing & Urban Affairs)

People
Richard Shelby (United States Senate)
Sherrod Brown (United States Senate)

To de-activate this alert, click here

UUID: 7947283