House OKs Crackdown on Money Laundering
- Share via
From Times Wire Reports
The House passed legislation to toughen U.S. laws against money laundering in an effort to target the financial networks that may have supported the terrorist attacks on New York and the Pentagon.
Agreement with a similar Senate bill could come today, senior congressional aides said.
In addition to cracking down on money laundering, the bill would expand the authority of law enforcement to wiretap suspected terrorists, exchange intelligence information about them and track their Internet movements.
Sign up for Essential California
The most important California stories and recommendations in your inbox every morning.
You may occasionally receive promotional content from the Los Angeles Times.
