118th Congress · HOUSE BILLBILL

H.R. 6588 — International Financial Institution Counter Terrorism Accountability Act

“To require the Secretary of the Treasury to assess whether international financial institutions, such as the International Bank for Reconstruction and Development and the International Monetary Fund, are sufficiently focused on preventing terrorist financing.”

International affairs

Introduced Dec 5, 2023

Last action Dec 5, 2023

Pipeline · Bill → Law

Step 1

Introduced

Dec 5, 2023

Step 2

Referred

Dec 5, 2023

Financial Services

Step 3

Committee

Step 4

House floor

Step 5

Senate

Step 6

Resolve Changes

Step 7

Signed

SummaryCRS Summary

This bill requires the Department of the Treasury to submit to Congress a report on the efforts by the World Bank and the International Monetary Fund (IMF) to combat and prevent terrorist financing and money laundering. Treasury must also develop recommendations for measures to be implemented by the World Bank and IMF.

Provisions · 2 sectionsIntroduced in House

Timeline · 2 actions

Dec 5, 2023

Introduced in House

Dec 5, 2023

Referred to the House Committee on Financial Services.