HR 147 119th Congress House Finance and Financial Sector Congressional oversight Congressional-executive branch relations Fraud offenses and financial crimes Government ethics and transparency, public corruption Government information and archives Government studies and investigations

FinCEN Oversight and Accountability Act of 2025

Introduced: January 3, 2025 Introduced by: Davidson, Warren Republican · Ohio See on congress.gov

Everywhere this bill has been 2 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Jan 3, 2025

Referred to the House Committee on Financial Services.

Jan 3, 2025

Introduced in House

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Plain-English summary Congressional Research Service

FinCEN Oversight and Accountability Act of 2025

This bill requires the Department of the Treasury to keep specified congressional committees informed of the activity of the Financial Crimes Enforcement Network (FinCEN), particularly regarding unlawful activity and any resulting corrective action.

Further, Treasury must disclose to Congress and to the public (with some exclusions) all controlling documents delegating authority to or providing direction to FinCEN. Such disclosure includes any controlling documents in force upon enactment, any controlling documents issued thereafter, and any changes to controlling documents.

The bill extends for an additional five years the time period during which Treasury must testify before Congress regarding FinCEN’s anti-money laundering programs.

FinCEN must also hold an annual small business working group to provide guidance on beneficial ownership reporting obligations.

What's happening now January 3, 2025

Referred to the House Committee on Financial Services.

Bill text 1 version

Introduced in House Formatted Text PDF Formatted XML

Source documents hosted by congress.gov.

Committees of jurisdiction 1

Financial Services Committee
House of Representatives

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APA

U.S. Congress. (2026). H.R. 147: FinCEN Oversight and Accountability Act of 2025. 119th Congress. Open America. https://openamerica.io/bill/119-HR-147/

MLA

"H.R. 147: FinCEN Oversight and Accountability Act of 2025." 119th Congress, 2026, Open America, https://openamerica.io/bill/119-HR-147/.

Bluebook (legal)

H.R. 147, 119th Cong. (2026), https://openamerica.io/bill/119-HR-147/.

Markdown link

[H.R. 147: FinCEN Oversight and Accountability Act of 2025](https://openamerica.io/bill/119-HR-147/)