119th Congress Crime and Law Enforcement
S. 1273: Combatting Money Laundering in Cyber Crime Act of 2025
Introduced
- Introduced (completed)
- Passed Senate (not reached)
- Passed House (not reached)
- To the President (not reached)
- Became law (not reached)
Summary
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.
Read the full summary
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. The requirement expires on December 20, 2025.
Finally, the bill directs the GAO to report on implementation of provisions of the Anti-Money Laundering Act of 2020 that expanded information sharing with tribal authorities and expanded reporting requirements related to money laundering and terrorist financing. The GAO must focus on evaluating the ability of law enforcement to identify and deter money laundering in cybercrimes.
Written by the Congressional Research Service, Library of Congress.
Roll calls
No roll call votes have been held on this bill.
Amendments
No amendments were offered to this bill.
Cosponsors
- Charles Grassley R-IAOriginal
Who scored on this bill
- 1Catherine Cortez Masto SponsorDrew cross-party cosponsors, introduced2 events+6
See all scorers and every scoring event
Introductions and cosponsorships count toward weekly caps and show no points.
Other bills by Catherine Cortez Masto
- S. 1574: Tribal Access to Electronic Evidence Act
- S. 3693: Large-Scale Water Recycling Reauthorization Act
- S. 91: Western Wildfire Support Act of 2026
- S. 1981: Strategic Grazing to Reduce Risk of Wildfire Act
- S. 3041: Tribal Warrant Fairness Act
- S.J.Res. 128: Disapproval of Bureau of Consumer Financial Protection relating to the withdrawal of the rule rule: Consumer Financial Protection Circular 2024-03: Unlawful and Unenforceable Contract Terms and Conditions
History
- Introduced in the Senate by Catherine Cortez Masto.
Show the full action history (2 actions)
- Introduced in Senate
- Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.