House Bill 8796
116th Congress(2019-2020)
To direct the Secretary of the Treasury and the Attorney General to jointly conduct a study on the efforts of authoritarian regimes in foreign countries to exploit the financial system of the United States, and for other purposes.
Introduced
Introduced in House on Nov 20, 2020
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
8796
Congress
116
Policy Area
Finance and Financial Sector
Finance and Financial Sector
Primary focus of measure is U.S. banking and financial institutions regulation; consumer credit; bankruptcy and debt collection; financial services and investments; insurance; securities; real estate transactions; currency. Measures concerning financial crimes may fall under Crime and Law Enforcement. Measures concerning business and corporate finance may fall under Commerce policy area. Measures concerning international banking may fall under Foreign Trade and International Finance policy area.
No House votes have been held for this bill.
Summary
This bill directs the Department of the Treasury and the Department of Justice to jointly report on the use of the U.S. financial system by foreign authoritarian regimes to conduct political influence operations, sustain kleptocratic methods of maintaining power, and otherwise undermine democratic governance in the United States and its partners and allies.
November 20, 2020
11/20/2020
Referred to the House Committee on Financial Services.
11/20/2020
Introduced in House
Public Record
Record Updated
Jan 11, 2023 1:44:15 PM