Legis Daily

Trade Transparency Unit Strategy Act

USA119th CongressS-3608| Senate 
| Updated: 1/8/2026
Tim Sheehy

Tim Sheehy

Republican Senator

Montana

Finance Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
This bill mandates the Secretary of Homeland Security, in coordination with the Secretaries of State, Commerce, and the Treasury, to develop a comprehensive strategy for the expanded use of Trade Transparency Units (TTUs) within 180 days. The strategy's primary goal is to enhance information sharing among various U.S. agencies, including U.S. Customs and Border Protection, Homeland Security Investigations, the Department of Commerce, and the Financial Crimes Enforcement Network, as well as with foreign customs agencies through TTUs. This expanded information sharing is crucial for improving intra-agency, inter-agency, and multilateral efforts to identify, disrupt, and dismantle international money laundering networks. The strategy must be submitted in an unclassified form, potentially with a classified annex, to appropriate congressional committees. Additionally, the Comptroller General is required to assess this strategy and report findings to Congress within 180 days of its submission.
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Timeline
Jan 8, 2026

Latest Companion Bill Action

HR 119-6988
Introduced in House
Jan 8, 2026
Introduced in Senate
Jan 8, 2026
Read twice and referred to the Committee on Finance.
  • January 8, 2026

    Latest Companion Bill Action

    HR 119-6988
    Introduced in House


  • January 8, 2026
    Introduced in Senate


  • January 8, 2026
    Read twice and referred to the Committee on Finance.

Foreign Trade and International Finance

Related Bills

  • HR 119-6988: Trade Transparency Unit Strategy Act

Trade Transparency Unit Strategy Act

USA119th CongressS-3608| Senate 
| Updated: 1/8/2026
This bill mandates the Secretary of Homeland Security, in coordination with the Secretaries of State, Commerce, and the Treasury, to develop a comprehensive strategy for the expanded use of Trade Transparency Units (TTUs) within 180 days. The strategy's primary goal is to enhance information sharing among various U.S. agencies, including U.S. Customs and Border Protection, Homeland Security Investigations, the Department of Commerce, and the Financial Crimes Enforcement Network, as well as with foreign customs agencies through TTUs. This expanded information sharing is crucial for improving intra-agency, inter-agency, and multilateral efforts to identify, disrupt, and dismantle international money laundering networks. The strategy must be submitted in an unclassified form, potentially with a classified annex, to appropriate congressional committees. Additionally, the Comptroller General is required to assess this strategy and report findings to Congress within 180 days of its submission.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Jan 8, 2026

Latest Companion Bill Action

HR 119-6988
Introduced in House
Jan 8, 2026
Introduced in Senate
Jan 8, 2026
Read twice and referred to the Committee on Finance.
  • January 8, 2026

    Latest Companion Bill Action

    HR 119-6988
    Introduced in House


  • January 8, 2026
    Introduced in Senate


  • January 8, 2026
    Read twice and referred to the Committee on Finance.
Tim Sheehy

Tim Sheehy

Republican Senator

Montana

Finance Committee

Foreign Trade and International Finance

Related Bills

  • HR 119-6988: Trade Transparency Unit Strategy Act
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted