Emanuel Cleaver: “I thank the chairwoman for her work in this area, and for allowing those of us who are interested in this legislation to…”

“I thank the chairwoman for her work in this area, and for allowing those of us who are interested in this legislation to play a major role. As many of my colleagues are aware, national security is one of the most pressing matters facing the United States of America and the world. I am excited for the opportunities that this moment presents to address these issues head on. Our most profound responsibility as Members of Congress is to preserve America's national security and the United States' global position as an international leader in free and fair markets. Since the last major anti-money laundering reforms of 2001, the national security threats that face our country have evolved profoundly and significantly, and frighteningly. Cyber and technological attacks have risen to the top of our most recent worldwide threat assessment as a paramount national security risk. Underground online trafficking now allows for simplified avenues to transport illicit material across the Nation and around the globe, and cryptocurrencies now allow for streamlined means to fund criminal organizations. With virtual currency, dark web marketplaces and illicit technologies expanding to threaten citizens safety and hard-earned savings, it is critically important, Mr. Speaker, that our federal agencies evolve to meet and conquer these new challenges. The COUNTER Act will do just that.…”