Sec. 6508. TREASURY AND JUSTICE STUDY ON THE EFFORTS OF AUTHORITARIAN REGIMES TO EXPLOIT THE FINANCIAL SYSTEM OF THE UNITED STATES

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## SEC. 6508 TREASURY AND JUSTICE STUDY ON THE EFFORTS OF AUTHORITARIAN REGIMES TO EXPLOIT THE FINANCIAL SYSTEM OF THE UNITED STATES ###

(a)In General Not later than 1 year after the date of enactment of this Act, the Secretary and the Attorney General, in consultation with the heads of other relevant national security, intelligence, and law enforcement agencies, shall conduct a study that considers how authoritarian regimes in foreign countries and their proxies use the financial system of the United States to— ####

(1)conduct political influence operations; ####

(2)sustain kleptocratic methods of maintaining power; ####

(3)export corruption; ####

(4)fund nongovernmental organizations, media organizations, or academic initiatives in the United States to advance the interests of those regimes; and ####

(5)otherwise undermine democratic governance in the United States and the partners and allies of the United States. ###

(b)Report Not later than 2 years after the date of enactment of this Act, the Secretary shall submit to the Committee on Banking, Housing, and Urban Affairs of the Senate and the Committee on Financial Services of the House of Representatives a report that contains— ####

(1)the results of the study required under subsection (a); and ####

(2)any recommendations for legislative or regulatory action, or steps to be taken by United States financial institutions, that would address exploitation of the financial system of the United States by foreign authoritarian regimes.