HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.
![handle is hein.congrecreports/crptxabuw0001 and id is 1 raw text is: AUTHENTICATEO
U.S. OVERNMENT
INFORMATION
Op
115TH CONGRESS REPORT
2d Session HOUSE OF REPRESENTATIVES 115-984
FINANCIAL TECHNOLOGY PROTECTION ACT
SEPTEMBER 26, 2018.-Committed to the Committee of the Whole House on the
State of the Union and ordered to be printed
Mr. HENSARLING, from the Committee on Financial Services,
submitted the following
REPORT
[To accompany H.R. 5036]
[Including cost estimate of the Congressional Budget Office]
The Committee on Financial Services, to whom was referred the
bill (H.R. 5036) to establish an Independent Financial Technology
Task Force, to provide rewards for information leading to convic-
tions related to terrorist use of digital currencies, to establish a
FinTech Leadership in Innovation Program to encourage the devel-
opment of tools and programs to combat terrorist and illicit use of
digital currencies, and for other purposes, having considered the
same, report favorably thereon with amendments and recommend
that the bill as amended do pass.
The amendments are as follows:
Strike all after the enacting clause and insert the following:
SECTION 1. SHORT TITLE.
This Act may be cited as the Financial Technology Protection Act.
SEC. 2. SENSE OF CONGRESS.
It is the sense of Congress that the Federal Government should prioritize the in-
vestigation of terrorist and illicit use of new financial technology, including digital
currencies.
SEC. 3. INDEPENDENT FINANCIAL TECHNOLOGY TASK FORCE TO COMBAT TERRORISM AND
ILLICIT FINANCING.
(a) ESTABLISHMENT.-There is established the Independent Financial Technology
Task Force to Combat Terrorism and Illicit Financing (the Task Force), which
shall consist of-
(1) the Secretary of the Treasury, who shall serve as the head of the Task
Force;
(2) the Attorney General;
(3) the Director of National Intelligence;
(4) the Director of the Financial Crimes Enforcement Network;
(5) the Director of the Secret Service;
(6) the Director of the Federal Bureau of Investigation; and
79-006](ViewImageLocal?handle=hein.congrecreports/crptxabuw0001&div=1&collection=&method=preview&ext=.png&size=3)