S 1273 · in committee · significant
Combatting Money Laundering in Cyber Crime Act of 2025
- criminal justice
What this bill does
- The bill expands the Secret Service's authority to investigate money laundering and structured financial transactions.
- Financial institutions, law enforcement agencies, and the public-private FinCEN Exchange partnership are affected by extended reporting requirements.
- The bill directs the GAO to evaluate money laundering enforcement effectiveness, with certain requirements expiring December 20, 2025.
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Community Threads
Started by Cosponsor
- 01
How would expanded Secret Service authority over money laundering investigations affect coordination with existing agencies like the FBI and FinCEN?
- 02
What new reporting burdens would this bill place on banks and financial institutions, and how might those costs be distributed?
- 03
Why does the bill sunset key requirements by December 2025, and what does the GAO evaluation need to show for provisions to continue?
Cosponsor writes these to seed civic discussion — they aren't user posts. Sign in to reply.
Sponsor · D-NV
Catherine Cortez Masto
Citizen cosponsors
0
In Congress
1/ 100
Senators cosponsoring
Introduced 2025-04-03
Joining the bill
Legislative timeline
2025-04-03 · senate · IntroReferral
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
2025-04-03 · IntroReferral
Introduced in Senate
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