Madam Speaker, I have no further speakers, and I yield myself the balance of my time for the purpose of closing. My colleague, Mr. Nunn, and I have devised a smart pilot program that would allow for private-sector investigators to engage in small-dollar transactions with sanctioned persons in order to gain valuable information about how networks and activities of those bad actors work. I am pleased to say that we have agreed on the nominal amount of $10, and by creating a licensing program for such a person, both business and government will benefit from the information gained, improving visibility into criminal and terrorist financing networks. That is what this bill is all about. Madam Speaker, for those reasons, I again urge my colleagues to support this bipartisan bill, and I yield back the balance of my time. Mr. McHENRY. Madam Speaker, I yield myself the balance of my time. Madam Speaker, I would just reiterate that Mrs. Beatty's bill is a crucial step in the right direction, and the Treasury Department will be required to keep Congress informed of OFAC's activities and findings under the license. Madam Speaker, I urge my colleagues to support this bill, and I yield back the balance of my time. The SPEAKER pro tempore. The question is on the motion offered by the gentleman from North Carolina (Mr. McHenry) that the House suspend the rules and pass the bill, H.R. 6370, as amended. The question was taken. The SPEAKER pro tempore.…
On the recordJanuary 10, 2024
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