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House Task Force to Introduce Series of Bills to Counter Terror Finance

By Valentina Pasquali

U.S. lawmakers are readying a raft of legislative proposals aimed at bolstering federal oversight of trade and corporate ownership data and incentivizing foreign entities to share intelligence on suspected terror funding. Members of the U.S. House of Representatives' Task Force to Investigate Terrorism Financing outlined the planned bills during the group's summation meeting Thursday, noting that the legislation and a related report would be the outcome of some 11 hearings held over 15 months. "We are working to put the finishing touches on the legislation, all of which have bipartisan support," said Sarah Rozier, a spokeswoman for the House Financial...

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