H.R. 147

119th Congress

In Committee

FinCEN Oversight and Accountability Act of 2025

Sponsored byRepublican:Rep. Davidson, Warren [R-OH-8]OH· Introduced 3 January 2025
Open on Congress.gov

0

Cosponsors

3

Actions

0

Amendments

0

Committees

—

Since introduced

Introduced
Committee
Passed Chamber
Passed Both
Enacted
Step 1 of 0
Latest action

Referred to the House Committee on Financial Services.

3 January 2025·1 year ago

Summary

Introduced in House · Updated 11 February 2025

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. 

Timeline

3 actions

  1. Referred to the House Committee on Financial Services.

    3 January 2025 · IntroReferral

  2. Introduced in House

    3 January 2025 · IntroReferral

  3. Introduced in House

    3 January 2025 · IntroReferral

Sponsorship

0 cosponsors

Sponsor

Republican:Rep. Davidson, Warren [R-OH-8]OH

Classification

Policy area

Finance and Financial Sector

Legislative subjects

Congressional oversightCongressional-executive branch relationsFraud offenses and financial crimesGovernment ethics and transparency, public corruptionGovernment information and archivesGovernment studies and investigations
Pelosi Tracker
Follow on XJoin our Discord
PoliticiansBillsPortfoliosPricingAboutLegalTerms of ServicePrivacy Policy
Français
© 2026 - All rights reserved. Powered by Vantara Labs
This website is an independent, third-party platform. It is not affiliated with, endorsed by, or in any way associated with Nancy Pelosi, her office, or her representatives. Any use of her name is solely for the purpose of discussing publicly available information.The information provided on this website is for informational and educational purposes only and is not intended to serve as, nor should it be construed as, financial or investment advice. The data presented here is sourced from publicly available filings and records. While we strive for accuracy, timeliness, and completeness, we do not guarantee that all information is error-free or current.