,i  #aafth ,,congress  #ast ,session    
,h4 ,r4 #achg  ,,in ,,the ,,house ,,of  
,,representatives  ,february #bg1       
#bjai,mr4 ,kustoff of ,tennessee 7for   
himself and ,mr4 ,foster7 introduced the
 following bill2 which was referred to  
the ,committee on ,financial ,services  
,a ,,bill  ,to require the ,president to
 develop a national strategy to combat  
the financial networks of transnational 
organized criminals1 and for other      
purposes4  #a4 ,short title ,this ,act  
may be cited as the ,criminal           
,organizations' ,narcotics1 ,finances1  
,resources1 ,operations1 and ,networks  
,targeting ,act or the ,,confront ,act4 
#b4 ,national strategy  7a7 ,in general 
,the ,president1 acting through the     
,secretary of the ,treasury1 shall1 in  
consultation with the ,attorney         
,general1 the ,secretary of ,state1 the 
,secretary of ,homeland ,security1 the  
,director of ,national ,intelligence1   
the ,secretary of ,defense1 the         
,director of the ,financial ,crimes     

,enforcement ,network1 the ,director of 
the ,united ,states ,secret ,service1   
the ,director of the ,federal ,bureau of
 ,investigation1 the ,administrator of  
the ,drug ,enforcement ,administration1 
the ,commissioner of ,customs and       
,border ,protection1 the ,director of   
the ,office of ,national ,drug ,control 
,policy1 and the ,federal functional    
regulators1 develop a national strategy 
to combat the financial networks of     
transnational organized criminals4  7b7 
,transmittal to ,congress  7#a7 ,in     
general ,not later than #a year after   
the date of enactment of this ,act1 the 
,president shall submit to the          
appropriate congressional committees and
 make available to the head of each     
agency described in subsection 7a71 a   
comprehensive national strategy in      
accordance with subsection 7a74  7#b7   
,updates ,after the initial submission  
of the national strategy under paragraph
 7#a71 the ,president shall1 not less   
often than every #b years1 update the   

national strategy and submit the updated
 strategy to the appropriate            
congressional committees4  7c7 ,separate
 presentation of classified material    
,any part of the national strategy      
required to be developed under          
subsection 7a7 that involves information
 that is properly classified under      
criteria established by the ,president  
shall be submitted to the appropriate   
congressional committees separately in a
 classified annex and1 if requested by  
the chairman or ranking member of one of
 the appropriate ,congressional         
committees1 as a briefing at an         
appropriate level of security4  #c4     
,contents of national strategy ,the     
national strategy required under section
 #b shall contain the following3 7#a7   
,threats ,an identification and         
assessment of the most significant      
current transnational organized crime   
threats posed to the national security  
of the ,united ,states or to the ,u4,s4 
and international financial system1     

including drug and human trafficking    
organizations1 cyber criminals1         
kleptocrats1 and other relevant state   
and non-state entities1 including those 
threats identified in the ,president's  
,strategy to ,combat ,transnational     
,organized ,crime 7published ,july      
#bjaa74  7#b7 ,illicit finance  7,a7 ,an
 identification of individuals1         
entities1 and networks 7including       
terrorist organizations1 if any7 that   
provide financial support or financial  
facilitation to transnational organized 
crime groups1 and an assessment of the  
scope and role of those providing       
financial support to transnational      
organized crime groups4  7,b7 ,an       
assessment of methods by which          
transnational organized crime groups    
launder illicit proceeds1 including     
money laundering using real estate and  
other tangible goods such as art and    
antiquities1 trade-based money          
laundering1 bulk-cash smuggling1        
exploitation of shell companies1 and    

misuse of digital currencies and other  
cyber technologies1 as well as an       
assessment of the risk to the financial 
system of the ,united ,states of such   
methods4  7#c7 ,goals1 objectives1      
priorities1 and actions  7,a7 ,a        
comprehensive1 research-based discussion
 of short-term and long-term goals1     
objectives1 priorities1 and actions1    
listed for each agency described under  
section #b7;a71 for combating the       
financing of transnational organized    
crime groups and their facilitators4    
7,b7 ,a description of how the strategy 
is integrated into1 and supports1 the   
national security strategy1 drug control
 strategy1 and counterterrorism strategy
 of the ,united ,states4  7#d7 ,reviews 
and proposed changes ,a review of       
current efforts to combat the financing 
or financial facilitation of            
transnational organized crime1 including
 efforts to detect1 deter1 disrupt1 and 
prosecute transnational organized crime 
groups and their supporters1 and1 if    

appropriate1 proposed changes to any law
 or regulation determined to be         
appropriate to ensure that the ,united  
,states pursues coordinated and         
effective efforts within the            
jurisdiction of the ,united ,states1    
including efforts or actions that are   
being taken or can be taken by financial
 institutions1 efforts in cooperation   
with international partners of the      
,united ,states1 and efforts that build 
partnerships and global capacity to     
combat transnational organized crime4   
#d4 ,definitions ,in this ,act3 7#a7    
,appropriate congressional committees   
,the term appropriate congressional     
committees means--  7,a7 the ,committee 
on ,financial ,services1 the ,committee 
on ,foreign ,affairs1 the ,committee on 
,armed ,services1 the ,committee on the 
,judiciary1 the ,committee on ,homeland 
,security1 and the ,permanent ,select   
,committee on ,intelligence of the      
,house of ,representatives2 and  7,b7   
the ,committee on ,banking1 ,housing1   

and ,urban ,affairs1 the ,committee on  
,foreign ,relations1 the ,committee on  
,armed ,services1 the ,committee on the 
,judiciary1 the ,committee on ,homeland 
,security and ,governmental ,affairs1   
and the ,select ,committee on           
,intelligence of the ,senate4  7#b7     
,federal functional regulator ,the term 
,federal functional regulator has the   
meaning given that term in section #eji 
of the ,gramm-,leach-,bliley ,act 7#ae  
,u4,s4,c4 #fhji74  7#c7 ,transnational  
organized crime ,the term transnational 
organized crime refers to those         
self-perpetuating associations of       
individuals who operate transnationally 
for the purpose of obtaining power1     
influence1 monetary or commercial gains1
 wholly or in part by illegal means1    
while--  7,a7 protecting their          
activities through a pattern of         
corruption or violence2 or  7,b7        
protecting their illegal activities     
through a transnational organizational  
structure and the exploitation of       

transnational commerce or communication 
mechanisms4