Skip to main content
HR 1602 119th Congress House Finance and Financial Sector Congressional oversight Corporate finance and management Fraud offenses and financial crimes Government information and archives Government studies and investigations Right of privacy

Financial Privacy Act of 2025

Introduced: February 26, 2025 Introduced by: Davidson, Warren Republican · Ohio See on congress.gov
Sign in to write a letter Sign in to watch
 Everywhere this bill has been 6 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 21, 2025
Placed on the Union Calendar, Calendar No. 14.
Mar 21, 2025
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-24.
Mar 5, 2025
Ordered to be Reported (Amended) by the Yeas and Nays: 48 - 0.
Mar 5, 2025
Committee Consideration and Mark-up Session Held
Feb 26, 2025
Introduced in House
Feb 26, 2025
Referred to the House Committee on Financial Services.
 Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

 Plain-English summary Congressional Research Service

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.

What's happening now March 21, 2025

Placed on the Union Calendar, Calendar No. 14.

 Hearings & markups 1
  • Various Measures
    Markup Mar 5, 2025 · 10:00 AM EST · Financial Services Committee
 Bill text 2 versions

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Lobbying activity 19

Registered lobbyists who named this bill in their disclosure filings. Source: federal Lobbying Disclosure Act filings.

See all 19 filings →
 Cosponsors 1
All 1 Democratic 1
D
Himes, James A.
Connecticut · Feb 26, 2025
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 1602: Financial Privacy Act of 2025. 119th Congress. Open America. https://openamerica.io/bill/119-HR-1602/
MLA
"H.R. 1602: Financial Privacy Act of 2025." 119th Congress, 2026, Open America, https://openamerica.io/bill/119-HR-1602/.
Bluebook (legal)
H.R. 1602, 119th Cong. (2026), https://openamerica.io/bill/119-HR-1602/.
Markdown link
[H.R. 1602: Financial Privacy Act of 2025](https://openamerica.io/bill/119-HR-1602/)
Report a problem