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H.R. 5877119th CongressPlaced on the calendarLatest action Apr 15, 2026Decoded by AI · checked against the record
Official title: Combatting Money Laundering in Cyber Crime Act of 2025
Introduced:
Read the official bill on Congress.govThe plain-language version leads. The official text is always the reference.
The bill expands Secret Service authority over crypto crime and extends two anti-money-laundering programs.
40-second read · 4 questions answered below
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.
This affects the Secret Service, financial institutions, and cryptocurrency and money transmitting businesses, plus agencies handling financial crime enforcement and sanctions monitoring.
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.
AI-drafted summary. Verify it against the official text before you act on it. Read the official bill on Congress.gov
Right now: it was placed on the House floor calendar, and the official record shows no floor action on it since. If the Senate changes it, it goes back to the House before reaching the President.
Latest action: — Placed on the Union Calendar, Calendar No. 530.