H.R.56: Financial Technology Protection Act

About This Bill

  • Introduced Jan. 3, 2019
  • Latest Major Action Jan. 29, 2019

Bill Sponsor

Bill Summary

Financial Technology Protection Act This bill provides for the investigation of new financial technologies (e.g., digital currencies) and their use in terrorism and other illicit activities. The bill establishes the Independent Financial Technology Task Force to Combat Terrorism and Illicit Financing, which must research terrorist and illicit use of new financial technologies and issue an annual report. The bill directs the Department of...

(Source: Congressional Research Service)

What Lawmakers Are Saying About This Bill

There are 8 statements associated with H.R.56.

Bill Actions

Date Description
Jan. 29
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Jan. 28
Motion to reconsider laid on the table Agreed to without objection.
Jan. 28
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.
Jan. 28
DEBATE - The House proceeded with forty minutes of debate on H.R. 56.
Jan. 28
Considered under suspension of the rules.
Jan. 28
Ms. Waters moved to suspend the rules and pass the bill, as amended.
Jan. 28

On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H1227-1228)

Jan. 28
Considered under suspension of the rules. (consideration: CR H1227-1231)
Jan. 3
Referred to the House Committee on Financial Services.
Jan. 3

Introduced in the House by Ted Budd (R-N.C.)

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