U.S. Senator Marco Rubio (R-FL) released a statement on his nomination by President-elect Donald J. Trump to serve as the United States Secretary of State. “Leading the U.S. Department of State is a tremendous responsibility, and I am honored by the trust President...
U.S. Senator Marco Rubio (R-FL) joined The World Over with Raymond Arroyo to discuss President-elect Donald Trump’s historic victory, the Democrats’ response to the election, foreign policy challenges facing our nation, and more. See below for highlights and watch the...
U.S. Senator Marco Rubio (R-FL) joined America Reports to discuss President-elect Donald Trump’s historic victory, Democrats’ proclamation of “resistance,” and the failure of identity politics. See below for highlights and watch the full interview on YouTube and...
Senator Rubio's office is pleased to be issuing a limited number of tickets to President-elect Donald Trump's inauguration ceremony, which will occur on January 20, 2025 at the West Front of the U.S. Capitol. Floridians interested in receiving tickets should fill out...
U.S. Senator Marco Rubio (R-FL) joined Hannity to discuss President-elect Donald Trump’s historic victory. See below for highlights and watch the full interview on YouTube and Rumble. On the ongoing realignment among American voters: “The Republican Party now reflects...
U.S. Senator Marco Rubio (R-FL) released a statement on the historic victory of Donald Trump and Republicans in the 2024 election. “America is undergoing a huge realignment, and the Republican Party is now a multi-ethnic, multi-racial coalition of hard-working...
Washington, D.C. – U.S. Senators Marco Rubio (R-FL) and Elizabeth Warren (D-MA) today introduced the End Banking for Human Traffickers Act, legislation that would aid financial institutions in identifying and reporting instances of human trafficking so that offenders can be prosecuted and victims can be protected.
“Human trafficking is a human rights violation that can happen in our own backyards without us even knowing it,” said Rubio. “That’s why we must encourage the development and implementation of effective tools to detect and stop criminals from profiting from this heinous crime. This bipartisan legislation would help provide financial institutions and law enforcement with additional support in their ongoing efforts to help stop human trafficking and hold perpetrators accountable.”
“We have an obligation to end human trafficking to ensure that every person can live with freedom and dignity,” said Warren. “To stop this terrible crime, we need to cut off traffickers’ access to the banking system, and this bipartisan bill will give financial institutions and regulators better tools to do so.”
Human trafficking is pervasive, and profitable for perpetrators of this crime, who earn $99 billion each year in profit from the sexual exploitation of victims around the world. Preventing traffickers from accessing the banking system, which they use to finance their illegal operations, is critical to stopping human trafficking. The End Banking for Human Traffickers Act will help provide additional support to financial institutions, federal regulators, and law enforcement in their efforts to stop human traffickers in their tracks.
The End Banking for Human Traffickers Act would direct federal banking regulators to work with law enforcement and financial institutions to combat the use of the financial system for human trafficking, add financial intelligence and regulatory officers to the President’s Interagency Task Force to Monitor and Combat Trafficking in Persons (PITF) to increase collaboration between law enforcement and experts in financial crimes, and require the PITF to review existing anti-money laundering programs and, if necessary, develop recommendations for Congress and regulators that would strengthen such programs to better target human trafficking. The PITF will draw on the expertise of the public, private, and non-profit sectors, identifying successful anti-trafficking programs and proposing new measures that will ensure our banking system is not used to facilitate this terrible crime.
The legislation is supported by Human Rights First and The Alliance to End Slavery & Trafficking (ATEST), an advocacy coalition including Verité, Free the Slaves, and Polaris.