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H.R. 1602In committee
Financial Privacy Act of 2025
Introduced: Feb 26, 2025
Latest action date: Mar 21, 2025
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Current stage
In committee
The most advanced recorded stage is committee consideration.
Introduced
Feb 26, 2025
Latest action
Mar 21, 2025
Recorded roll calls
0
Civixly topics
What this legislation is about
Civixly topics make federal and state legislation comparable. They are derived from the official CRS policy area and legislative subjects.
Official CRS policy area
Finance and Financial Sector
View 6 official legislative subjects
Congressional oversightCorporate finance and managementFraud offenses and financial crimesGovernment information and archivesGovernment studies and investigationsRight of privacy
Bill Summary
Financial Privacy Act of 2025
This bill requires the Department of the Treasury to annually report to Congress details of reports made to the Financial Crimes Enforcement Network (FinCEN). FinCEN collects reports on suspicious financial transactions and the beneficial ownership of companies in order to detect financial crimes, including money laundering.
Under the bill, FinCEN must report on the number and types of reports and whether they are retained by FinCEN, any guidance regarding outside agency access to these reports, agency requests for these reports, and any denials of access to these reports.
Treasury must annually review access guidance and revise as appropriate to protect the legal rights of U.S persons, among other objectives.
Committee activity
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Official committee record ↗
Amendments
Proposed changes to this measure, with their latest official outcome or action from Congress.gov.
No amendments are listed for this measure.
Checked against Congress.gov Sep 13, 2026.
Action timeline
Newest action first. Action language comes from the official Congress.gov record.
View full action timeline8 actions
Placed on the Union Calendar, Calendar No. 14.
CalendarsHouse floor actionsReported (Amended) by the Committee on Financial Services. H. Rept. 119-24.
CommitteeHouse floor actionsReported (Amended) by the Committee on Financial Services. H. Rept. 119-24.
CommitteeLibrary of CongressOrdered to be Reported (Amended) by the Yeas and Nays: 48 - 0.
CommitteeHouse committee actionsCommittee Consideration and Mark-up Session Held
CommitteeHouse committee actionsReferred to the House Committee on Financial Services.
IntroReferralHouse floor actionsIntroduced in House
IntroReferralLibrary of CongressIntroduced in House
IntroReferralLibrary of Congress
Roll-call votes
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No connected roll-call votes are currently available for this bill.
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