[Congressional Record Volume 169, Number 43 (Tuesday, March 7, 2023)]
[House]
[Page H1151]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

           By Mr. LAMBORN:
       H.R. 1408.
       Congress has the power to enact this legislation pursuant 
     to the following:
       Art. I, Sec. 8 ``To regulate commerce with foreign nations 
     . . .''
       The single subject of this legislation is:
       This bill expands the institutional factors the Department 
     of the Treasury must consider when making a finding that a 
     foreign financial institution is of primary money laundering 
     concern and is therefore subject to special measures, 
     including the prohibition of opening or maintaining 
     correspondent accounts in U.S financial institutions.