FOR IMMEDIATE RELEASE:

CONTACT: Jesse Jacobs - 202-224-4524

Monday, September 30, 2002

Craig Davis - 202-224-7391



COMMITTEE TO REVIEW ADMINISTRATION'S
MONEY-LAUNDERING STRATEGY

Senator Paul S. Sarbanes (D-MD), Chairman of the Banking, Housing, and Urban Affairs Committee, has announced that the full Committee will meet to discuss the Bush Administration's National Money Laundering Strategy for 2002. The Committee will examine the issues surrounding the coordination and focus of the federal anti-money laundering strategy a year after the passage of the Patriot Act. The Committee will also examine issues related to money-laundering strategy and the creation of the Department of Homeland Security.

The hearing will be held:

THURSDAY, OCTOBER 3, 2002
9:30 AM
538 DIRKSEN SENATE OFFICE BUILDING

Scheduled to testify are:



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