Enhancing Treasury's Anti-Terror Tools Act

[AI summary unavailable — showing source text] Enhancing Treasury's Anti-Terror Tools Act This bill directs the Department of the Treasury to report to certain congressional committees on the employment by U.S embassies of full-time and temporary Treasury attaches and their role in advancing U.S. anti-terrorism financing interests, including money laundering and related illicit finance. The bill revises Treasury's authority to issue an order imposing recordkeeping and reporting requirements upon financial institutions and nonfinancial trade or business groups in certain geographic areas regarding transactions for the payment, receipt, or transfer of U.S. coins or currency (or other monetary instruments as Treasury may describe). Such an order may include all funds, not just U.S. coins or currency, involved in such transactions. Treasury shall study: the advisability and implications of transforming the Office of Terrorism and Financial Intelligence into a standalone bureau, the potential efficacy of requiring banking regulators to establish a pilot technical assistance program for depository institutions and credit unions that furnish account services to money services businesses serving individuals in Somalia, and the potentia…