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US Lawmakers See Larger Role for Financial Institutions Against Human Trafficking

By Valentina Pasquali

Federal lawmakers sought input from experts on options for bolstering the ability of U.S. authorities and financial institutions to curb the flow of funds linked to human trafficking. The discussion was held as members of the House Financial Services Committee consider half a dozen bills that would expand the legal definition of human trafficking and give the Treasury Department and Tribal law enforcement more responsibility and authority to combat the crime, among other reforms. "Whether by improving anti-money laundering statutes or requiring public companies to look down their supply chains ... there are a number of areas [for] improvement," Rep....

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