Bipartisan Senate bill targets money laundering linked to drug trafficking, terrorism

Senate Judiciary Committee Chairman Chuck Grassley and Sen. Amy Klobuchar introduced a bipartisan measure to crack down on money laundering by increasing penalties and ensuring laws apply to systems used by drug traffickers and terrorists.

Grassley, R-Iowa, and Klobuchar, D-Minn., introduced the "Combating Money Laundering, Terrorist Finance and Counterfeiting Act" Friday to enhance criminal money laundering statutes.

ALLEGED SINALOA CARTEL FENTANYL PRODUCER CHARGED IN NEWLY UNSEALED...