HR 6988

Trade Transparency Unit Strategy Act

Summary

Trade Transparency Unit Strategy Act This bill requires a strategy and report related to the expansion of trade transparency units. Trade transparency units examine trade anomalies and financial irregularities associated with trade-based money laundering, customs fraud, contraband smuggling, and tax evasion. Specifically, the Department of Homeland Security must coordinate with the Departments of State, Commerce, and the Treasury to submit a strategy to Congress. This strategy must (1) expand information sharing between U.S. Customs and Border Protection, Homeland Security Investigations of U.S. Immigration and Customs Enforcement, 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 (2) improve intra-agency, interagency, and other multilateral information sharing with respect to these units. The Government Accountability Office must submit a report to Congress that includes an assessment of the strategy.

Bill status

Status
In committee
Sponsor
Rep. August Pfluger [R-TX-11]
Cosponsors
0
Policy area
Foreign Trade and International Finance
Introduced
2026-01-08
Latest action
2026-01-08: Referred to the House Committee on Ways and Means.

Committee referrals

Recent actions

  • 2026-01-08: Referred to the House Committee on Ways and Means.
  • 2026-01-08: Introduced in House
  • 2026-01-08: Introduced in House