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Congresswoman Joyce Beatty

Representing the 3rd District of Ohio

Beatty Backed Bipartisan Anti-Human Trafficking Bill Passes House

Jul 18, 2018
Press Release

Beatty Backed Bipartisan Anti-Human Trafficking Bill Passes House

Included in JOBS and Investor Confidence Act

WASHINGTON, DC – Yesterday, the U.S. House of Representatives voted overwhelmingly 406-4 to pass the JOBS and Investor Confidence Act, S. 488. The bill is a massive package of bills aimed at helping entrepreneurs, small businesses, investors, and the economy to thrive. One specific bill rolled into S. 488 is the End Banking for Human Traffickers Act, H.R. 2219. A bipartisan proposal that would require the President’s Interagency Taskforce to Monitor and Combat Trafficking to better identify money-laundering activates related to human trafficking, H.R. 2219 included language authored by Beatty that would require the Taskforce specifically examine the use of virtual currencies and emerging technologies.

Speaking from the House floor during consideration of S. 488, Beatty said, “Technology and finance evolve by the hour in today’s world, and this bipartisan package will update our laws to better adapt to that reality, while also encouraging the American entrepreneur to innovate and solve the problems of tomorrow. As a businesswoman, I understand how this package will help create the businesses of tomorrow, and at the same time, enhance transparency in today’s public markets, while simultaneously combatting the scourge of human trafficking.”

Now that S. 488 has passed the House, the bill is awaiting further consideration in the U.S. Senate, where leadership has indicated that they will bring it to the floor for a vote in the coming weeks.

An archived recording of Beatty’s remarks on S. 488, please visit her YouTube page.

 

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