Skip to main content
H.R. 2384 119th Congress House

Financial Technology Protection Act of 2025

Official title: To establish an Independent Financial Technology Working Group to Combat Terrorism and Illicit Financing, and for other purposes.

Introduced: March 26, 2025 Introduced by: Zachary Nunn Republican · Iowa See on congress.gov
Finance and Financial Sector Advanced technology and technological innovationsAdvisory bodiesBanking and financial institutions regulationComputers and information technology
More subjectsShow fewer subjects
Congressional oversightCurrencyDepartment of the TreasuryDigital mediaFraud offenses and financial crimesGovernment information and archivesGovernment studies and investigationsPresidents and presidential powers, Vice PresidentsSanctionsTerrorism
Sign in to write a letter Sign in to watch
 Everywhere this bill has been 13 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 22, 2025
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Jul 21, 2025
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3509-3510)
Jul 21, 2025
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3509-3510)
Jul 21, 2025
Motion to reconsider laid on the table Agreed to without objection.
Jul 21, 2025
DEBATE - The House proceeded with forty minutes of debate on H.R. 2384.
Jul 21, 2025
Considered under suspension of the rules. (consideration: CR H3509-3511)
Jul 21, 2025
Mr. Hill (AR) moved to suspend the rules and pass the bill, as amended.
May 6, 2025
Placed on the Union Calendar, Calendar No. 67.
May 6, 2025
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-93.
Apr 2, 2025
Ordered to be Reported (Amended) by the Yeas and Nays: 49 - 0.
Apr 2, 2025
Committee Consideration and Mark-up Session Held
Mar 26, 2025
Introduced in House
Mar 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.

What's happening now July 22, 2025

Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

 Plain-English summary Congressional Research Service

Financial Technology Protection Act of 2025

This bill establishes the Independent Financial Technology Working Group to Combat Terrorism and Illicit Financing. The working group must study and report on terrorist and illicit use of digital assets and other related emerging technologies and develop proposals to improve anti-money laundering and counterterrorist financing efforts.

The working group terminates four years after the bill's enactment or after the working group completes any ongoing activities, whichever is later.

In addition, the Department of the Treasury must (1) report on the potential use of digital assets and other emerging technologies by states, nonstate actors, and terrorist groups for the purpose of evading sanctions to threaten the national security of the United States; and (2) describe a strategy to mitigate and prevent this usage. 

 Hearings & markups 1
  • Various Measures
    Markup Apr 2, 2025 · 10:00 AM EDT · Financial Services Committee
 Related & companion bills 1
  • S 2609 Identical bill Financial Technology Protection Act of 2025
 Bill text 4 versions

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Lobbying activity 32

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

Bodies those filers lobbied

A filing lists the bills it worked on and the parts of government it contacted in separate sections, so these are the bodies those filers named anywhere in the filing, not a per-bill breakdown.

See all 32 filings →
 Cosponsors 4
All 4 Democratic 2 Republican 2
D
Gottheimer, Josh
New Jersey · Apr 1, 2025
 R
Davidson, Warren
Ohio · Mar 31, 2025
 R
Lawler, Michael
New York · Mar 31, 2025
 D
Himes, James A.
Connecticut · Mar 26, 2025
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 2384: Financial Technology Protection Act of 2025. 119th Congress. Open America. https://openamerica.io/bill/119-HR-2384/
MLA
"H.R. 2384: Financial Technology Protection Act of 2025." 119th Congress, 2026, Open America, https://openamerica.io/bill/119-HR-2384/.
Bluebook (legal)
H.R. 2384, 119th Cong. (2026), https://openamerica.io/bill/119-HR-2384/.
Markdown link
[H.R. 2384: Financial Technology Protection Act of 2025](https://openamerica.io/bill/119-HR-2384/)
Report a problem