Washington, D.C. – Today Representative John Culberson (TX-07) and House Majority Leader Kevin McCarthy
(CA-23) voted to support important legislation to crack down on human traffickers. Following passage of the End Banking for Human Traffickers Act (H.R. 2219), the Congressmen released the following:
Rep. Culberson: “Houston has the highest number of trafficking victims nation-wide, and I have made it a priority in Congress to fight this global crisis. The End Banking for Human Traffickers Act cracks down on the third largest criminal enterprise in the world by cutting off their access to banking systems. I will continue to do everything in my power to fight against modern-day slavery at home in Houston and worldwide. Every single American deserves to feel safe and be free.”
House Majority Leader Kevin McCarthy: “In Texas, there are more than 300,000 human trafficking victims, including almost 79,000 minors and youth victims of sex trafficking. Today, with the leadership of Representative Culberson, the House passed another bill to fight the scourge of human trafficking. With passage of the End Banking for Human Traffickers Act, we will better be able to fight human trafficking by undermining the money laundering schemes that provide traffickers financial support.”
Adds the Secretary of the Treasury as a member of the President's Interagency Task Force to Monitor and Combat Trafficking;
Requires the Task Force to submit recommendations to Congress for the revision of anti-money laundering programs to specifically target money laundering related to human trafficking;
Requires the Federal Financial Institutions Examination Council to review and enhance procedures improving the ability of anti-money laundering programs to target human trafficking operations; and
Updates the State Department's Trafficking in Persons Report to require a country-by-country assessment of whether foreign governments have established a functioning legal framework to prevent financial transactions involving the proceeds of severe forms of human trafficking.