I introduced S. 747 which. briefly stated. would have prohibited any person from exporting from the United States any currency. directly or indirectly. to any person in Vietnam. The legislative vehicle provided by S. 747 permitted the conduct of hearings into alleged abuses of our humanitarian remittances policies. which were held before the Subcommittee on Financial Institutions of the Committee on Banking. Housing and Urban Affairs. June 20. 1984. From testimony presented at this hearing by Vietnamese refugees. law enforcement officers and others. and through subsequent detailed investigation of this matter. I learned that the problem is far more complex than originally anticipated. I also came to feel that total prohibition against currency transfer is not an appropriate response.
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refugees