WASHINGTON DC (June 18, 2019) — A bipartisan group of Senate Judiciary Committee members today introduced legislation that modernizes and strengthens criminal laws against money laundering — a critical source of funding for terrorist organizations, drug cartels and other organized crime syndicates. The Combating Money Laundering, Terrorist Financing, and Counterfeiting Act of 2019 updates criminal money laundering and counterfeiting statutes, and promotes transparency in the U.S.