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H.R. 5493 (100th): International Financial Cooperation and Security Act of 1988

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A bill to direct the Secretary of the Treasury to represent the United States in negotiations with the other member countries of the Organization for Economic Cooperation and Development to establish multilateral standards for entering into and reporting financial transactions with the Soviet Union, and to direct the Secretary of State and the Secretary of Defense to hold discussions with the member governments of the North Atlantic Treaty Organization on the security implications of conducting financial transactions with the Soviet Union.

The bill’s titles are written by its sponsor.

Sponsor and status

Oct 7, 1988
100th Congress, 1987–1988
Died in a previous Congress

This bill was introduced on October 7, 1988, in a previous session of Congress, but was not enacted.


Robert Garcia

Representative for New York's 18th congressional district




Oct 7, 1988

Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber.

H.R. 5493 (100th) was a bill in the United States Congress.

A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.

This bill was introduced in the 100th Congress, which met from Jan 6, 1987 to Oct 22, 1988. Legislation not enacted by the end of a Congress is cleared from the books.

How to cite this information.

We recommend the following MLA-formatted citation when using the information you see here in academic work:

“H.R. 5493 — 100th Congress: International Financial Cooperation and Security Act of 1988.” 1988. July 20, 2019 <>

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