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Joni Ernst

Joni Ernst (R)

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Crypto bill sponsorship

Sen. Joni Ernst has put out 3 crypto bills.

Hizballah in Latin America Accountability Act of 2021

S. 1651

117th Congress

Bill pending

This bill establishes requirements related to activities of Hizballah in Latin America and the Caribbean.

Specifically, the President must impose property- and visa-blocking sanctions on foreign persons determined to have knowingly engaged in significant transactions with, or provided material support to, Hizballah in a Latin American or Caribbean country.

The Department of the Treasury, in consultation with the Department of State, must report on illicit activities of Hizballah in Latin America and the Caribbean. This report must include (1) an estimate of how much of Hizbollah's budget derives from such activities, (2) an assessment of interagency efforts and progress in countering such activities, and (3) an identification of financial institutions in Latin America and the Caribbean known to be operating on behalf of or with ties to Hizballah.

The Department of Homeland Security must seek to improve (1) data sharing among trade transparency units with respect to operations against malign actors among Latin American and Caribbean countries, and (2) cooperation with federal agencies with respect to trade transparency units.

A Bill to Require the Secretary of the Treasury to Submit to Congress a Report on Virtual Currencies and Global Competitiveness

S. 2864

117th Congress

Bill pending

This bill directs the Department of the Treasury to submit a report to Congress on virtual currencies and their global use. The report must (1) assess how foreign countries use and mine virtual currencies; (2) identify, to the greatest extent practicable, the types and dollar value of virtual currency mined for FY2016-FY2022 within the United States and globally; and (3) identify vulnerabilities and opportunities with respect to virtual currency mining operations.

Digital Commodities Consumer Protection Act

S. 4760

117th Congress

Bill pending

A legislative analyst in the Congressional Research Service will begin analyzing this legislation after text becomes available.

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