HR 5877
Advanced toward a vote
Expands the Secret Service's authority to investigate money laundering, unlicensed money transmitting, and structured transactions, including fraud against financial institutions, and directs the Government Accountability Office to study how law enforcement identifies money laundering in cyber crimes.
Official title: Combatting Money Laundering in Cyber Crime Act of 2025
Timeline each lane is a chamber; dates pull from congress.gov actions
House
Introduced
31-OCT-2025
Referred
31-OCT-2025
Approved by committee
22-JAN-2026
Reported
15-APR-2026
On the calendar
15-APR-2026
- Adds unlicensed money transmitting businesses (18 U.S.C. 1960) to the offenses the Secret Service may investigate and adds money laundering and structured transactions to its investigative authority.
- Removes the requirement that the financial institution be federally insured and ties the term to the definition in 31 U.S.C. 5312.
- Changes two time periods from 5 years to 10 years in a FinCEN Exchange provision, and from 6 to 10 in a North Korea sanctions provision.
- Requires the Government Accountability Office, within 1 year of enactment, to report on implementing section 6102 of the Anti-Money Laundering Act of 2020.
Covers an older version. The newest CRS summary describes the bill as of "Introduced in House" (31-OCT-2025); the text has changed since (Reported in House, 15-APR-2026).
CRS is the Library of Congress's nonpartisan research office. Read it on congress.gov- Judiciary Committee (House)
- Financial Services Committee (House)
Crime and Law Enforcement
■ 2 D■ 1 R
2 Democrats
1 Republican