Majority Leader Schumer Floor Remarks On Senate Passage Of The Preventing The Financing Of Illegal Synthetic Drugs Act

Washington, D.C. – Senate Majority Leader Chuck Schumer (D-NY) today spoke on the Senate floor about Senate passage of the Preventing the Financing of Illegal Synthetic Drugs Act, commending Senators Catherine Cortez Masto and Jacky Rosen for their dedicated work on the legislation. Below are Senator Schumer’s remarks:

And we passed another very good bill a few moments ago as well. The Senate also passed the Preventing the Financing of Illegal Synthetic Drugs Act.

This bill will get to the root of the financing behind these deadly and destructive drugs like fentanyl and methamphetamine. I’ve led the way here in the Senate for months on cracking down on the supply chains of drugs like fentanyl.

Last fall, I met with Chinese President Xi and urged him and the Chinese government to do more work to crack down on companies that allow precursor chemicals to make their way to countries like Mexico, and are made often by gangs into fentanyl and sent into the U.S..

A few months ago, I led the Senate in passing the national security supplemental which included the FEND OFF Fentanyl Act.

This bill is another step in that direction, the right direction, to better understand and anticipate how malicious synthetic drug traffickers finance their operations.

Two senators worked very hard on this legislation and deserve credit. Our two senators from Nevada, Senator Catherine Cortez Masto and Senator Jacky Rosen, and I want to commend them for their excellent work.

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