[Congressional Record Volume 167, Number 192 (Tuesday, November 2, 2021)]
[Senate]
[Page S7655]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 4191. Mr. THUNE submitted an amendment intended to be proposed to 
amendment SA 3867 submitted by Mr. Reed and intended to be proposed to 
the bill H.R. 4350, to authorize appropriations for fiscal year 2022 
for military activities of the Department of Defense, for military 
construction, and for defense activities of the Department of Energy, 
to prescribe military personnel strengths for such fiscal year, and for 
other purposes; which was ordered to lie on the table; as follows:

       At the end of title VI, add the following:

     SEC. 607. USE OF FINANCIAL SERVICES PROVIDERS IN PROVISION OF 
                   FINANCIAL LITERACY TRAINING FOR MEMBERS OF THE 
                   ARMED FORCES AT MILITARY INSTALLATIONS OUTSIDE 
                   THE UNITED STATES.

       Section 992 of title 10, United States Code, is amended--
       (1) by redesignating subsections (d) and (e) as subsections 
     (e) and (f), respectively; and
       (2) by inserting after subsection (c) the following new 
     subsection (d):
       ``(d) Training for Members Stationed Overseas.--
       ``(1) In general.--As part of the financial literacy 
     training provided under this section to members of the armed 
     forces stationed or deployed at an installation outside the 
     United States, the commander of such installation may, in the 
     commander's discretion, permit representatives of financial 
     services providers serving, or intending to serve, such 
     members to participate in such training, including in 
     orientation briefings regularly scheduled for members newly 
     arriving at such installation.
       ``(2) No endorsement.--In permitting representatives to 
     participate in training and orientation briefings pursuant to 
     paragraph (1), a commander may not endorse any financial 
     services provider or the services provided by such provider.
       ``(3) Financial services provider defined.--In this 
     subsection, the term `financial services provider' means the 
     following:
       ``(A) A financial institution, insurance company, or 
     broker-dealer that is licensed and regulated by the United 
     States or a State.
       ``(B) A money service business that is--
       ``(i) registered with the Financial Crimes Enforcement 
     Network (FinCEN) of the Department of the Treasury; and
       ``(ii) licensed and regulated by the United States or a 
     State.
       ``(C) The host-nation agent of a money service business 
     described in subparagraph (B).''.
                                 ______