SENS. CRUZ, COTTON, COLLEAGUES INTRODUCE TAYLOR FORCE MARTYR PAYMENT PREVENTION ACT TO TARGET PALESTINIAN TERROR PAYMENTS

Statement

U.S. Sens. Ted Cruz (R-Texas), Tom Cotton (R-Ark.), along with 11 of their Senate colleagues, this week introduced the Taylor Force Martyr Payment Prevention Act, legislation aimed at eliminating Palestinian "martyr payments." The bill would deter foreign banks from making these payments by putting at risk their access to the United States financial system.

Cosponsors include Sens. Steve Daines (R-Mont.), Todd Young (R-Ind.), Kevin Cramer (R-N.D.), Marco Rubio (R-Fla.), Mike Braun (R-Ind.), Marsha Blackburn (R-Tenn.), Rick Scott (R-Fla.), Roger Marshall (R-Kan.), Roy Blunt (R-Mo.), Bill Hagerty (R-Tenn.), and Lindsey Graham (R-S.C.).

Upon introduction, Sen. Cruz said:

"When President Trump signed the Taylor Force Act into law, he sent the clear message that the United States will not fund a Palestinian leadership that supports acts of terrorism against both American and Israeli citizens. Under the Biden administration, the Palestinian Authority is circumventing American anti-terrorism regulations to continue these payments. The Taylor Force Martyr Payment Prevention Act rightfully strengthens the Treasury Department's ability to hold foreign banks accountable for processing these heinous "pay-for-slay' payments on behalf of terrorist groups. I am proud to join Sen. Cotton on this bill to help cut off terror financing."

Sen. Cotton added:

"Radical Islamic terrorists shouldn't be rewarded for killing innocent people, and banks should be held responsible for processing any sort of "martyr payments.' Our bill will build upon the Taylor Force Act to ensure Palestinian terrorists don't benefit financially for committing these senseless murders."

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