First Congress Took Sex Workers’ Websites. Now It’s Coming For Their Bank Accounts.

by | May 31, 2018

First Congress Took Sex Workers’ Websites. Now It’s Coming For Their Bank Accounts.

by | May 31, 2018

A new law that shuttered websites used by voluntary sex workers to screen clients has already forced some to risk their lives by returning to the streets to find business.
But the broad bipartisan alliance that passed that legislation last month isn’t done. Now, Sens. Elizabeth Warren (D-Mass.) and Marco Rubio (R-Fla.), who both voted for the first bill, are pushing a proposal in the Senate that would impose similar restrictions on sex workers’ bank accounts — a move that sex workers say could further endanger their income, safety and lives.
Just like last month’s Allow States and Victims to Fight Online Sex Trafficking Act, Warren and Rubio’s End Banking for Human Traffickers Act is intended to crack down on human trafficking. The bill, which passed the House in overwhelming fashion last month, would increase pressure on banks to shut down the accounts of anyone suspected of engaging in trafficking. Besides Warren, five other Senate Democrats are co-sponsoring the bill; a Senate vote is not yet scheduled.
“Human trafficking generates $150 billion a year in illegal profits,” a representative for Warren told HuffPost. “Our bill would connect federal regulators, law enforcement, and the banking industry to help strengthen existing anti-money-laundering efforts that combat traffickers — Congress should pass it.”
Read the rest at Huffingtonpost.com.

Our Books

Shop books published by the Libertarian Institute.

libetarian institute longsleeve shirt

Our Books

cb0cb1ef 3fcb 417d 80d8 4eef7bbd8290

Recent Articles

Recent

TGIF: On the Importance of Undesigned Order

TGIF: On the Importance of Undesigned Order

Carl Menger, the founder of the Austrian approach to economics, was not the first or last thinker to see similarities between a society and a living organism, suggesting the existence of undesigned, spontaneous order. The names Adam Ferguson and Adam Smith, before...

read more
Bill Kristol vs. The Holy Father

Bill Kristol vs. The Holy Father

Recently when President Donald Trump shared an AI image of himself as the next pope in the wake of the death of Pope Francis, apparently in jest, it caused controversy. For neoconservative godson Bill Kristol, it created an opportunity to needle Vice President J.D....

read more
What Trump Misunderstands About William McKinley

What Trump Misunderstands About William McKinley

It’s no secret that one of Donald Trump’s favorite U.S. presidents is William McKinley, who led the country from 1897 until his assassination in 1901. Indeed, Trump recently changed the official name of Denali back to Mount McKinley in honor of the late president. In...

read more

Pin It on Pinterest

Share This