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Strategy to Expand Trade Transparency Units Against Money Laundering.

This Act mandates federal agencies, including Homeland Security and the Treasury, to develop a strategy within 180 days to expand the use of Trade Transparency Units (TTUs). TTUs are crucial tools designed to share trade data internationally to identify and dismantle global money laundering networks hidden within trade transactions. This measure aims to enhance national financial security by strengthening tools against organized crime.
Key points
Requires a formal strategy to expand international cooperation in combating money laundering using trade data analysis.
Mandates improved information sharing among key U.S. agencies (CBP, HSI, FinCEN) and foreign customs counterparts.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_HR_6988
Sponsor: Rep. Pfluger, August [R-TX-11]
Process start date: 2026-01-08
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Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Trade Transparency Unit Strategy Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HR_6988.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2026-01-08.

What are the main provisions?

Key points include:

  • Requires a formal strategy to expand international cooperation in combating money laundering using trade data analysis.
  • Mandates improved information sharing among key U.S. agencies (CBP, HSI, FinCEN) and foreign customs counterparts.
What is the specific legal status?

The current status is Introduced.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Pfluger, August [R-TX-11].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Ways and Means.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2026-01-24.

CATEGORIES

Security Economy