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House Committees Curb Money Laundering by Human Traffickers

On December 13, the House Financial Services Committee approved, 59-0, H.R. 2219, the End Banking for Human Traffickers Act, sponsored by Rep. Ed Royce (R-CA). The House Foreign Affairs Committee approved the legislation en bloc, by voice vote, on December 14.

The legislation would add the secretary of the Treasury to the President’s Interagency Task Force to Monitor and Combat Human Trafficking, as well as review and update procedures to combat money laundering by human trafficking organizations.

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