[Congressional Record Volume 164, Number 126 (Thursday, July 26, 2018)]
[Senate]
[Page S5431]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 3627. Mr. CASSIDY submitted an amendment intended to be proposed 
to amendment SA 3399 proposed by Mr. Shelby to the bill H.R. 6147, 
making appropriations for the Department of the Interior, environment, 
and related agencies for the fiscal year ending September 30, 2019, and 
for other purposes; which was ordered to lie on the table; as follows:

       On page 167, between lines 22 and 23, insert the following:
       Sec. 129.  Not later than 180 days after the date of the 
     enactment of this Act, the Director of the Financial Crimes 
     Enforcement Network of the Department of the Treasury (in 
     this section referred to as ``FinCEN''), in consultation with 
     other appropriate elements of the Department, shall submit to 
     Congress a report on the efforts of FinCEN to identify and 
     combat trade-based money laundering, including an assessment 
     of--
       (1) the type of data FinCEN collects on trade-based money 
     laundering;
       (2) how FinCEN uses that data and which agencies FinCEN 
     shares the data with in order to combat trade-based money 
     laundering;
       (3) whether FinCEN needs additional authorities to combat 
     trade-based money laundering;
       (4) whether FinCEN and other elements of the Department 
     have all the necessary tools to identify and combat trade-
     based money laundering, including tools relating to big data 
     and necessary platforms to house the data; and
       (5) what level of priority FinCEN gives to identifying and 
     combating trade-based money laundering.
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