H.R. 5877Heading to a voteCrime & justice
Bill would expand Secret Service power over crypto crime cases
Data as of July 22, 2026
The bill expands Secret Service authority over crypto crime and extends two anti-money-laundering programs.AI-decoded40-second read · 4 questions answered below
Decoded
AI-decodedWhat does this do?
The bill lets Secret Service agents investigate unlicensed money transmitting businesses, money laundering, and structured transactions used to evade bank reporting rules. It also broadens fraud investigation authority beyond only "federally insured" institutions, extends FinCEN Exchange from 5 to 10 years, extends a North Korea sanctions monitoring program from 6 to 10 years, and orders a GAO study on a 2020 anti-money laundering law's effectiveness against cybercrime.
Who does it affect?
This affects the Secret Service, financial institutions, and cryptocurrency and money transmitting businesses, plus agencies handling financial crime enforcement and sanctions monitoring.
Why does it matter?
Broadening investigative authority and extending these programs could change how financial crime and sanctions violations are detected and pursued. Everyday consumers face no new obligations but may see indirect effects on fraud protections.
Where does it stand?
- Introduced
- House committee
- House vote — You are here
- Senate
- President's desk
Right now: it's headed for a House floor vote. If the Senate changes it, it goes back to the House before reaching the President.
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Official title
Combatting Money Laundering in Cyber Crime Act of 2025
- Introduced:
- October 31, 2025
- Latest action:
- April 15, 2026
Placed on the Union Calendar, Calendar No. 530.
Read the official bill on Congress.gov