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In January, my colleagues on the House Financial Services Committee and I began 2007 on a bipartisan note by bringing to the floor an important piece of unfinished business remaining from the 109th Congress–legislation that would relieve financial institutions from having to file Currency Transaction Reports for “seasoned customers.” H.R. 323, the “Seasoned Customer Exemption Act,” was swiftly approved by the House of Representatives on a voice vote and now awaits action in the Senate.

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