To establish an Independent Financial Technology Working Group to Combat Terrorism and Illicit Financing, and for other purposes.
Financial Technology Protection Act of 2023
This bill establishes the Independent Financial Technology Working Group to Combat Terrorism and Illicit Financing. The working group must study and report on terrorist and illicit use of new financial technologies and develop proposals to improve anti-money laundering and counterterrorist financing efforts.
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Introduced in House
Introduced in House
Referred to the House Committee on Financial Services.
Committee Consideration and Mark-up Session Held
Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 50 - 0.
Reported (Amended) by the Committee on Financial Services. H. Rept. 118-485.
Reported (Amended) by the Committee on Financial Services. H. Rept. 118-485.
Placed on the Union Calendar, Calendar No. 402.
Mr. Nunn (IA) moved to suspend the rules and pass the bill, as amended.
Considered under suspension of the rules. (consideration: CR H4651-4653)
DEBATE - The House proceeded with forty minutes of debate on H.R. 2969.
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H4651-4652)
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H4651-4652)
Motion to reconsider laid on the table Agreed to without objection.
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
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