{"id":2406705,"date":"2025-02-25T19:15:00","date_gmt":"2025-02-26T00:15:00","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/ogles-to-introduce-bill-to-prevent-fentanyl-linked-money-laundering-washington-examiner\/"},"modified":"2025-02-25T19:20:23","modified_gmt":"2025-02-26T00:20:23","slug":"ogles-to-introduce-bill-to-prevent-fentanyl-linked-money-laundering-washington-examiner","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/ogles-to-introduce-bill-to-prevent-fentanyl-linked-money-laundering-washington-examiner\/","title":{"rendered":"Ogles to introduce bill to prevent fentanyl-linked money laundering &#8211; Washington Examiner"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">24<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fogles-to-introduce-bill-to-prevent-fentanyl-linked-money-laundering-washington-examiner%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2406705&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>House Republicans,\u2064 led by Representative Andy Ogles of Tennessee, are set to\u200c introduce new legislation aimed \u200dat combating fentanyl trafficking by targeting money laundering associated with drug operations. \u200cThe\u200c proposed &#8220;Stop Fentanyl Money\u200d Laundering\u2062 Act&#8221; would grant the U.S. Treasury Department\u200c the authority to impose sanctions on foreign financial institutions suspected of facilitating narcotics-related money laundering. The bill also aims\u2064 to \u2063enhance the knowledge of law enforcement regarding suspicious \u200cfinancial \u2062transactions linked to drug trafficking.<\/p>\n<p>Concerns\u200b around fentanyl,\u2064 which has become the leading cause \u200dof \u200cdeath \u200cfor Americans aged 18 to\u200c 45, have prompted\u200c this legislative action. Ogles emphasized\u200d the need\u2063 to disrupt the \u200cfinancial \u2063networks of drug cartels that profit from the fentanyl crisis. He was joined in this effort by \u200dseveral co-sponsors, including Representatives Zach Nunn\u2062 adn Monica\u2064 De La Cruz, \u2064who echoed the urgent need for systemic change to protect American lives from \u200cthe \u2062ongoing epidemic.<\/p>\n<p>The legislation also requires the \u2062Financial Crimes Enforcement\u2064 Network to provide\u200d insights on the effectiveness of <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/joe-biden-is-central-in-his-familys-moneymaking-scheme-book\/\" title=\"Joe Biden Is \u2018Central in His Family\u2019s Moneymaking Scheme&#039;: Book\">suspicious \u200cactivity reports filed<\/a> by financial institutions. This move aligns with \u2063broader U.S. \u2064efforts\u200b to <a href=\"https:\/\/amzn.to\/3YuVZYV\">enhance anti-money laundering tactics<\/a> in the \u200dface of increasing fentanyl-related fatalities.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<p><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><\/p>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-header-search-button-mob dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-mobile-search-icon td-icon-search\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div class=\"tdb-drop-down-search\" aria-labelledby=\"td-header-search-button\">\n<div class=\"tdb-drop-down-search-inner\">\n<form method=\"get\" class=\"tdb-search-form\" action=\"https:\/\/www.washingtonexaminer.com\/\"><\/form>\n<div class=\"tdb-aj-search\"><\/div>\n<\/div>\n<\/div>\n<p><a href=\"http:\/\/www.washingtonexaminer.com\/#\" role=\"button\" aria-label=\"Search\" class=\"tdb-head-search-btn dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-search-icon td-icon-search\"><\/i><\/a><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<h1 class=\"tdb-title-text\">House Republicans to introduce bill to prevent fentanyl-linked money laundering<\/h1>\n<div><\/div>\n<div class=\"tdb-title-line\"><\/div>\n<\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div id=\"Brid_2020220\" class=\"tpd-featured-video bridtv\"><\/div>\n<p><strong>EXCLUSIVE &mdash;<\/strong> A group of <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/house-republicans\/\" target=\"_blank\" rel=\"noopener\" title=\"\">House Republicans<\/a> led by Rep. <a href=\"https:\/\/www.washingtonexaminer.com\/news\/house\/3299285\/ogles-introduces-resolution-allow-trump-seek-third-term\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Andy Ogles<\/a> (R-TN) is introducing legislation aimed at crippling <a href=\"https:\/\/www.washingtonexaminer.com\/restoring-america\/community-family\/3323728\/congress-must-permanently-classify-fentanyl-related-substances-curb-crisis\/\" target=\"_blank\" rel=\"noopener\" title=\"\">fentanyl<\/a> trafficking by imposing financial sanctions.<\/p>\n<div class=\"article-paywall\">\n<p>The bill permits the Treasury Department secretary to take action if financial institutions outside the United States are suspected of facilitating money laundering for narcotics purposes. The legislation would also allow the Treasury to strengthen law enforcement knowledge on suspicious financial moves.<\/p>\n<p>Overdosing on fentanyl is the<a href=\"https:\/\/www.getsmartaboutdrugs.gov\/media\/dea-administrator-record-fentanyl-overdose-deaths\" target=\"_blank\" rel=\"noopener\" title=\"\"> leading cause<\/a> of death for Americans ages 18 to 45.<\/p>\n<p>&ldquo;The fentanyl crisis has claimed thousands of American lives,&rdquo; Ogles told the <em>Washington Examiner<\/em>.<\/p>\n<p>&ldquo;Drug cartels and <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/blackburn-cartels-traffickers-exploiting-unfinished-border-wall-construction\/\" title=\"Blackburn: Cartels, Traffickers Exploiting Unfinished Border Wall Construction\">transnational criminal organizations<\/a> are using complex financial networks to launder their profits and protect their billion-dollar industry. The United States must take action to strengthen its anti-money laundering efforts and further the fight against illicit fentanyl trafficking. I&rsquo;m leading the&nbsp;Stop Fentanyl Money Laundering Act&nbsp;to crack down on criminal drug traffickers and stop them from profiting off the deaths of Americans,&rdquo; he added.<\/p>\n<p>Reps. Zach Nunn (R-IA), Monica De La Cruz (R-TX), Dan Meuser (R-PA), Young Kim (R-CA), and Pete Sessions (R-TX) are co-sponsoring the bill.<\/p>\n<p>President Donald Trump issued an executive order earlier this month levying 25% tariffs on imports from Canada and Mexico while adding a 10% tariff on imports from China in an effort to get them to stop &ldquo;poisonous fentanyl and other drugs from flowing into our country.&rdquo;<\/p>\n<p>The tariff has since been temporarily paused on Canada and Mexico while the United States works out a deal with them. The tariff on China, however, has remained in place, though the country has said it has &ldquo;conducted counternarcotics cooperation with the U.S. side in a broad-based way.&rdquo;<\/p>\n<p>The Ogles-led bill also requires the Financial Crimes Enforcement Network director &ldquo;to provide critical information on the usefulness of the [suspicious activity report] updates.&rdquo; A <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/fncs-carlson-if-youre-looking-for-election-rigging-look-no-further-than-media-treatment-of-hunter-biden-saga\/\" title=\"FNC&#039;s Carlson: &#039;If You&#039;re Looking for Election Rigging, Look No Further&#039; Than Media Treatment of Hunter Biden Saga\">suspicious activity report<\/a> is filed when a business or financial institution suspects money laundering or fraud.<\/p>\n<p><a href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/3315975\/doge-doing-across-federal-government\/\" target=\"_blank\" rel=\"noopener\" title=\"\"><strong>TRACKING WHAT DOGE IS DOING ACROSS THE FEDERAL GOVERNMEN<\/strong><\/a>T<\/p>\n<p>&ldquo;Fentanyl is the No. 1 killer of Americans from my daughter&rsquo;s age to my age. Something must change,&rdquo;&nbsp;Nunn told the <em>Washington Examiner<\/em>.&nbsp;<\/p>\n<p>&ldquo;The Chinese Communist Party is raking in billions of dollars in profits by exploiting the fentanyl crisis in America. In order to stop this crisis, we must secure our southern border. We must also hold drug manufacturers, money launderers, and the cartels accountable for their role in the mass murder of Americans,&rdquo; he added.<\/p>\n<\/div>\n<p> <script data-cfasync=\"false\" src=\"http:\/\/www.washingtonexaminer.com\/cdn-cgi\/scripts\/5c5dd728\/cloudflare-static\/email-decode.min.js\"><\/script><script>!function(){var g=window;g.googletag=g.googletag||{},g.googletag.cmd=g.googletag.cmd||[],g.googletag.cmd.push(function(){g.googletag.pubads().setTargeting(\"has-featured-video\",\"true\")})}();<\/script><script>var _bp=_bp||[];_bp.push({\"div\":\"Brid_2020220\",\"obj\":{\"id\":\"27789\",\"width\":\"1280\",\"height\":\"720\",\"stickyDirection\":\"below\",\"video\":\"2020220\"}});<\/script><script defer src=\"https:\/\/services.brid.tv\/player\/build\/brid.min.js\"><\/script><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>House Republicans plan to introduce a bill targeting fentanyl money laundering<\/p>\n","protected":false},"author":1,"featured_media":2406706,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2025\/02\/Andy-Ogles-budget.webp","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[10250,4762,33963,28527,32076],"class_list":["post-2406705","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","tag-fentanyl","tag-legislation","tag-money-laundering","tag-ogles","tag-washington-examiner"],"fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2025\/02\/Andy-Ogles-budget.webp","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2406705","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2406705"}],"version-history":[{"count":3,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2406705\/revisions"}],"predecessor-version":[{"id":2406714,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2406705\/revisions\/2406714"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2406706"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2406705"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2406705"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2406705"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}