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Bills/119th Congress · House

H.R. 6988

Introduced

Trade Transparency Unit Strategy Act

Sponsor
RAugust Pfluger· Texas
Introduced
January 8, 2026
Policy area
Foreign Trade and International Finance
Latest action
Referred to the House Committee on Ways and Means.January 8, 2026

Plain-language analysis

Not yet analyzed.

A plain-language breakdown — including any hidden or off-intent provisions and whether the bill was fast-tracked — is generated separately and reviewed before publishing. It will appear here once ready. Until then, the verbatim text below and the official source are the record.

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 6988 Introduced in House (IH)] <DOC> 119th CONGRESS 2d Session H. R. 6988 To require a strategy for the expanded use of Trade Transparency Units. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES January 8, 2026 Mr. Pfluger introduced the following bill; which was referred to the Committee on Ways and Means _______________________________________________________________________ A BILL To require a strategy for the expanded use of Trade Transparency Units. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Trade Transparency Unit Strategy Act''. SEC. 2. STRATEGY FOR THE EXPANSION OF TRADE TRANSPARENCY UNITS. (a) Sense of Congress.--It is the sense of Congress that Trade Transparency Units are a critical bilateral and multilateral tool to identify, disrupt, and dismantle international money laundering networks. (b) Strategy.-- (1) In general.--Not later than 180 days after the date of the enactment of this Act, the Secretary of Homeland Security, in coordination with the Secretary of State, the Secretary of Commerce, and the Secretary of the Treasury, shall submit to the appropriate congressional committees a strategy to-- (A) expand information sharing between U.S. Customs and Border Protection, Homeland Security Investigations, appropriate elements of the Department of Commerce, the Financial Crimes Enforcement Network of the Department of the Treasury, and appropriate counterparts of foreign customs agencies through Trade Transparency Units; and (B) improve intra-agency, inter-agency, and other multilateral information sharing with respect to Trade Transparency Units. (2) Form.--The strategy required by paragraph (1) shall be submitted in unclassified form and may contain a classified annex. (c) Comptroller General Assessment.--Not later than 180 days after the submission of the strategy required by subsection (b), the Comptroller General of the United States shall submit to the appropriate congressional committees a report that includes an assessment of the strategy required in subsection (b). (d) Appropriate Congressional Committees Defined.--In this section, the term ``appropriate congressional committees'' means-- (1) the Committee on Homeland Security, the Committee on Foreign Affairs, and the Committee on Ways and Means of the House of Representatives; and (2) the Committee on Homeland Security and Governmental Affairs, the Committee on Foreign Relations, and the Committee on Finance of the Senate. <all>

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