I 
115TH CONGRESS 
2D SESSION 
H. R. 4768 
To require the President to develop a national strategy to combat the financial 
networks of transnational organized criminals, and for other purposes. 
IN THE HOUSE OF REPRESENTATIVES 
JANUARY 11, 2018 
Mr. KUSTOFF of Tennessee (for himself and Ms. SINEMA) introduced the 
following bill; which was referred to the Committee on Financial Services 
A BILL 
To require the President to develop a national strategy to 
combat the financial networks of transnational organized 
criminals, and for other purposes. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘National Strategy for 
Combating the Financing of Transnational Criminal Or-
ganizations Act’’. 
SEC. 2. NATIONAL STRATEGY. 
(a) IN GENERAL.—The President, acting through the 
Secretary of the Treasury, shall, in consultation with the 
Attorney General, the Secretary of State, the Secretary 
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of Homeland Security, the Director of National Intel-
ligence, the Secretary of Defense, the Director of the Drug 
Enforcement Administration, the Commissioner of Cus-
toms and Border Protection, the Director of the Office 
of National Drug Control Policy, and the Federal func-
tional regulators, develop a national strategy to combat 
the financial networks of transnational organized crimi-
nals. 
(b) TRANSMITTAL TO CONGRESS.— 
(1) IN
GENERAL.—Not later than one year 
after the enactment of this Act, the President shall 
submit to the appropriate Congressional committees 
and make available to the relevant government agen-
cies as defined in subsection (a), a comprehensive 
national strategy in accordance with subsection (a). 
(2) UPDATES.—After the initial submission of 
the national strategy under paragraph (1), the 
President shall, not less often than every 2 years, 
update the national strategy and submit the updated 
strategy to the appropriate Congressional commit-
tees. 
(c) SEPARATE PRESENTATION OF CLASSIFIED MA-
TERIAL.—Any part of the national strategy that involves 
information that is properly classified under criteria estab-
lished by the President shall be submitted to Congress sep-
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arately in a classified annex and, if requested by the chair-
man or ranking member of one of the appropriate Con-
gressional committees, as a briefing at an appropriate level 
of security. 
SEC. 3. CONTENTS OF NATIONAL STRATEGY. 
The national strategy described in section 2 shall con-
tain the following: 
(1) THREATS.—An identification and assess-
ment of the most significant current transnational 
organized crime threats posed to the national secu-
rity of the United States, including drug and human 
trafficking organizations, cyber criminals, and other 
relevant entities, including those identified in the 
President’s ‘‘Strategy to Combat Transnational Or-
ganized Crime’’ (published July 2011). 
(2) ILLICIT FINANCE.—(A) An identification of 
individuals, entities, and networks that provide fi-
nancial 
support 
or 
financial 
facilitation 
to 
transnational organized crime groups, and an assess-
ment of the scope and role of those providing finan-
cial support to transnational organized crime groups. 
(B) An assessment of methods by which 
transnational organized crime groups launder illicit 
proceeds, including trade-based money laundering, 
bulk cash smuggling, exploitation of shell companies, 
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and misuse of digital currencies and other cyber 
technologies, as well as an assessment of the risk to 
the financial system of the United States of such 
methods. 
(3) GOALS, OBJECTIVES, PRIORITIES, AND AC-
TIONS.—(A) A comprehensive, research-based, quan-
tifiable discussion of short-term and long-term goals, 
objectives, priorities, and actions, listed for each de-
partment and agency described under section 2(a), 
for combating the financing of transnational orga-
nized crime groups and their facilitators. 
(B) A description of how the strategy is inte-
grated into, and supports, the national security 
strategy, drug control strategy, and counterterrorism 
strategy of the United States. 
(4) REVIEWS AND PROPOSED CHANGES.—A re-
view of current efforts to combat the financing or fi-
nancial facilitation of transnational organized crime, 
including efforts to detect, deter, disrupt, and pros-
ecute transnational organized crime groups and their 
supporters, and, if appropriate, proposed changes to 
any law or regulation determined to be appropriate 
to ensure that the United States pursues coordi-
nated and effective efforts within the jurisdiction of 
the United States, including efforts or actions that 
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are being taken or can be taken by financial institu-
tions, efforts in cooperation with international part-
ners of the United States, and efforts that build 
partnerships 
and 
global 
capacity 
to 
combat 
transnational organized crime. 
SEC. 4. DEFINITIONS. 
In this Act: 
(1) APPROPRIATE
CONGRESSIONAL
COMMIT-
TEES.—The term ‘‘appropriate congressional com-
mittees’’ means— 
(A) the Committee on Financial Services, 
the Committee on Foreign Affairs, the Com-
mittee on Armed Services, the Committee on 
the Judiciary, the Committee on Homeland Se-
curity, and the Permanent Select Committee on 
Intelligence of the House of Representatives; 
and 
(B) the Committee on Banking, Housing, 
and Urban Affairs, the Committee on Foreign 
Relations, the Committee on Armed Services, 
the Committee on the Judiciary, the Committee 
on Homeland Security and Governmental Af-
fairs, and the Select Committee on Intelligence 
of the Senate. 
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