H.R. 5877 · On the floor · Crime and Law Enforcement

Combatting Money Laundering in Cyber Crime Act of 2025

What it does

Expand Secret Service investigative authority to include money laundering and structured currency transactions.
Extend FinCEN reporting requirement on the FinCEN Exchange, a public-private information sharing partnership combating money laundering and terrorist financing.
Extend requirement for U.S. executive director at IMF to support the fund's use of administrative budget to help members prevent money laundering and terrorist financing (expires December 20, 2025).
Direct GAO to report on implementation of Anti-Money Laundering Act of 2020 provisions regarding information sharing with tribal authorities and money laundering and terrorist financing reporting requirements.

Official summary

Combatting Money Laundering in Cyber Crime Act of 2025 This bill expands the investigative authority of the U.S. Secret Service, extends reporting requirements related to public-private information sharing, and requires the Government Accountability Office (GAO) to evaluate existing requirements to combat money laundering and related crimes. Specifically, the bill authorizes the Secret Service to investigate money laundering and structured transactions (i.e., structuring currency transactions to evade currency reporting requirements). Additionally, the bill extends the requirement for the Financial Crimes Enforcement Network (FinCEN) to report on the efforts of the FinCEN Exchange. The FinCEN Exchange is a voluntary public-private information sharing partnership among law enforcement agencies, national security agencies, financial institutions, and FinCEN to combat money laundering and related crimes, including the financing of terrorism. The bill also extends the requirement for the U.S. executive director at the International Monetary Fund to support the increased use of the fund's administrative budget to help members prevent money laundering and the financing of terrorism…

Latest action

Apr 15, 2026: Placed on the Union Calendar, Calendar No. 530.

Committee: House Judiciary