HR 1577 · introduced · significant

Stop Fentanyl Money Laundering Act of 2025

What this bill does

The bill expands Treasury Department powers to restrict financial transactions linked to international fentanyl and narcotics trafficking.
Domestic financial institutions and federal agencies are required to implement special reporting measures for suspicious transactions.
The Financial Crimes Enforcement Network must issue guidance to help banks identify and report money laundering connected to fentanyl distribution.

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Community Threads

Started by Cosponsor

01
How would banks determine which financial transactions are connected to fentanyl trafficking versus legitimate commerce, and what liability do they face for errors?
02
What additional costs would domestic financial institutions incur to implement these reporting measures, and who ultimately bears that expense?
03
What evidence suggests that restricting financial flows to drug trafficking organizations would meaningfully reduce fentanyl supply compared to other enforcement strategies?

Cosponsor writes these to seed civic discussion — they aren't user posts. Sign in to reply.

Sponsor · R-TN-5

Andrew Ogles

Citizen cosponsors

In Congress

9/ 435

House Reps cosponsoring

Introduced 2025-03-21

Joining the bill

Legislative timeline

2025-03-21 · house · Calendars
Placed on the Union Calendar, Calendar No. 12.
2025-03-21 · house · Committee
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-22.
2025-03-21 · Committee
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-22.
2025-03-05 · house · Committee
Ordered to be Reported (Amended) by the Yeas and Nays: 49 - 0.
2025-03-05 · house · Committee
Committee Consideration and Mark-up Session Held
2025-02-25 · house · IntroReferral
Referred to the House Committee on Financial Services.
2025-02-25 · IntroReferral
Introduced in House
2025-02-25 · IntroReferral
Introduced in House

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