President Trump Signs Pittenger Anti-Terror Financing Legislation
FOR IMMEDIATE RELEASE
PRESIDENT TRUMP SIGNS PITTENGER ANTI-TERROR FINANCING LEGISLATION
CHARLOTTE – Today, President Trump signed into law bipartisan legislation drafted by Congressman Robert Pittenger related to strengthening our country’s anti-terrorist group financing efforts. Representative Pittenger’s legislation was included in H.R. 3364, the Countering America’s Adversaries Through Sanctions Act, which passed the House on July 25 by a vote of 419 to 3. Congressman Pittenger released the following statement:
“Our bill not only puts pressure on Iran, Russia, and North Korea through targeted sanctions, but it also strengthens our government’s efforts to track and intercept terrorist financing,” said Congressman Pittenger.
“The terrorists do not rest as they seek to circumvent the international financial system. We must take these vital actions to enhance our efforts here at home and abroad to stem the flow of money the terrorists need to carry out their attacks against liberty.”
Specifically, Congressman Pittenger’s legislation will:
· Require an updated national strategy to counter terrorist group financing (a strategy that has not been updated since 2007).
· Improve and highlight the roles of Treasury Department anti-money laundering attachés located within our American embassies abroad.
· Enhance and strengthen the role of the Treasury Department on the National Security Council.
Recently, Congressman Pittenger also had an amendment to the FY2018 National Defense Authorization Act (NDAA) unanimously approved by the House of Representatives preventing support for North Korea cyber-attacks. Congress Pittenger’s NDAA amendment would:
- Direct the Office of the Director of National Intelligence (ODNI) to create a list of telecom firms who provide essential services or who have been otherwise complicit in enabling North Korean cyberattacks.
- Prohibit the Department of Defense from doing business with these firms.
- Provide President Trump with a national security waiver to bypass this amendment on a case-by-case basis.