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S. 952

End Banking for Human Traffickers Act of 2017

End Banking for Human Traffickers Act of 2017

This bill amends the Victims of Trafficking and Violence Protection Act of 2000 to add the Secretary of the Treasury as a member of the President's Interagency Task Force to Monitor and Combat Trafficking. The task force must submit to Congress recommendations for the revision of anti-money laundering programs to specifically target money laundering related to human trafficking.

The Federal Financial Institutions Examination Council must review and enhance, where necessary: (1) training and procedures to improve the ability of anti-money laundering programs to target human trafficking operations, and (2) procedures for referring potential human trafficking cases to the appropriate law enforcement agency.

The Department of Justice must report on: (1) efforts to eliminate money laundering related to human trafficking; and (2) the number of investigations, arrests, indictments, and convictions in money laundering cases related to human trafficking.

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Sen. Warren, Elizabeth [D-MA](D-MA)Sponsor
2 cosponsors2 R
2cosponsors1committees2actions1related bills12subjects
  1. IntroReferral

    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

    Banking, Housing, and Urban Affairs Committee
  2. IntroReferral10000

    Introduced in Senate

End Banking for Human Traffickers Act of 2017 — Informed