WASHINGTON, Feb. 6 -- Sen. Chuck Grassley issued the following news release:

Senate Judiciary Committee Chairman Chuck Grassley (R-Iowa) and Sen. Amy Klobuchar (D-Minn.) reintroduced the Combating Money Laundering, Terrorist Finance and Counterfeiting Act to enhance criminal money laundering statutes.

"Criminal enterprises and terrorist organizations depend on ill-begotten cash to carry out their dark deeds. As money laundering methods have evolved over time, so must the government's efforts to exact justice," Grassley said. "Our bipartisan bill would enhance enforcement measures and penalties, ensuring law enforcement has the tools they need to track down dirty money, hold criminals accountable and prevent further crimes."

"As criminals...