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H.R. 5877

U.S. House•House Floor Calendar

Summary

H.R. 5877, the Combatting Money Laundering in Cyber Crime Act of 2025, was introduced in the House on Oct 31, 2025 by Rep. Scott Fitzgerald (R) with 3 co-sponsors. It last saw action on Apr 15, 2026: Placed on the Union Calendar, Calendar No. 530.

Record

Text

H.R. 5877 has 3 co-sponsors.

hb5877/introduced-in-house.txt
119 HR 5877 IH: Combatting Money Laundering in Cyber Crime Act of 2025
 U.S. House of Representatives
 2025-10-31
 text/xml
 EN
 Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.
 I  119th CONGRESS  1st Session  H. R. 5877  IN THE HOUSE OF REPRESENTATIVES   October 31, 2025   Mr. Fitzgerald  (for himself,  Ms. Pettersen ,  Mr. Nunn of Iowa , and  Mr. Sherman ) introduced the following bill; which was referred to the  Committee on Financial Services , and in addition to the Committee on  the Judiciary , for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned   A BILL
To strengthen the authority of the United States Secret Service to investigate various crimes related to digital asset transactions and to counter transnational cyber criminal activity, including unlicensed money transmitting businesses, structured transactions, and fraud against financial institutions, and for other purposes.
1.
Short title
This Act may be cited as the   Combatting Money Laundering in Cyber Crime Act of 2025  .
2.
Expansion of United States Secret Service investigative authorities
Section 3056(b) of title 18, United States Code, is amended—
(1)
in paragraph (1), by striking  or  after  871  and inserting  , or 1960  after  879 ; and
(2)
in paragraph (3)—
(A)
by inserting  money laundering, structured transactions,  after  documents or devices, ;
(B)
by striking  federally insured ; and
(C)
by inserting  , as defined in section 5312 of title 31  after  institution .
3.
FinCEN exchange
Section 310(d)(3)(A) of title 31, United States Code, is amended, in the matter preceding clause (i), by striking  5 years  and inserting  10 years .
4.
International financial institutions
Section 7125(b) of the Otto Warmbier North Korea Nuclear Sanctions and Enforcement Act of 2019 ( 22 U.S.C. 262p–13  note) is amended by striking  6  and inserting  10 .
5.
Report
(a)
In general
Not later than 1 year after the date of enactment of this Act, the Government Accountability Office shall conduct a study and submit to the appropriate committees of Congress a report on the implementation of section 6102 of the Anti-Money Laundering Act of 2020 (title LXI of division F of the William M. (Mac) Thornberry National Defense Authorization Act for Fiscal Year 2021 ( Public Law 116–283 ; 134 Stat. 4552)).
(b)
Focus
In conducting the study under subsection (a), the Government Accountability Office shall focus on evaluating the ability of law enforcement to identify and deter money laundering in cyber crimes.

Tracker

The tracker indicates the progress of this legislation as it moves through the legislative process.

  1. Introduced2025-10-31
  2. Passed House
  3. Passed Senate
  4. Conference
  5. To President
  6. Became Law

CRS Summary

The summaries are the Congressional Research Service’s, one per stage. Read them in full.

Introduced in House Oct 31, 2025

hb5877/introduced-in-house.md

Shown Here:
Introduced in House (10/31/2025)

Combatting Money Laundering in Cyber Crime Act of 2025

This bill expands the investigative authority of the U.S. Secret Service, extends reporting requirements related to public-private information sharing, and requires the Government Accountability Office (GAO) to evaluate existing requirements to combat money laundering and related crimes.

Specifically, the bill authorizes the Secret Service to investigate money laundering and structured transactions (i.e., structuring currency transactions to evade currency reporting requirements).

Additionally, the bill extends the requirement for the Financial Crimes Enforcement Network (FinCEN) to report on the efforts of the FinCEN Exchange. The FinCEN Exchange is a voluntary public-private information sharing partnership among law enforcement agencies, national security agencies, financial institutions, and FinCEN to combat money laundering and related crimes, including the financing of terrorism.

The bill also extends the requirement for the U.S. executive director at the International Monetary Fund to support the increased use of the fund's administrative budget to help members prevent money laundering and the financing of terrorism. The requirement expires on December 20, 2025.

Finally, the bill directs the GAO to report on implementation of provisions of the Anti-Money Laundering Act of 2020 that expanded information sharing with tribal authorities and expanded reporting requirements related to money laundering and terrorist financing. The GAO must focus on evaluating the ability of law enforcement to identify and deter money laundering in cybercrimes.

Sponsors

Rep. Scott Fitzgerald (R) sponsors H.R. 5877, and 3 members have co-sponsored it, all of them from the day it was introduced.

Committees

H.R. 5877 went before 2 committees: Judiciary and Financial Services.

Judiciary
Judiciary
Discharged From · Apr 15, 2026 · 2,181 Bills
Financial Services
Financial Services
Reported By · Apr 15, 2026 · 559 Bills

Reports

1 committee report has been filed on H.R. 5877, the latest H. Rept. 119-612.

Actions

H.R. 5877 has taken 7 actions since Oct 31, 2025, the latest on Apr 15, 2026.

ChamberAction
Apr 15, 2026
House
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-612, Part I.Financial Services Committee
Apr 15, 2026
House
Committee on the Judiciary discharged.Judiciary Committee
Apr 15, 2026
House
Placed on the Union Calendar, Calendar No. 530.
Jan 22, 2026
House
Committee Consideration and Mark-up Session HeldFinancial Services Committee
Jan 22, 2026
House
Ordered to be Reported (Amended) by the Yeas and Nays: 54 - 0.Financial Services Committee

Votes

H.R. 5877 has not gone to a roll call.

1 bill is related to H.R. 5877, as Identical bill.

Titles

H.R. 5877 goes by 4 titles, 2 of them short titles.

  • Combatting Money Laundering in Cyber Crime Act of 2025 — Display Title
  • To strengthen the authority of the United States Secret Service to investigate various crimes related to digital asset transactions and to counter transnational cyber criminal activity, including unlicensed money transmitting businesses, structured transactions, and fraud against financial institutions, and for other purposes. — Official Title as Introduced
  • Combatting Money Laundering in Cyber Crime Act of 2025 — Short Title(s) as Reported to House
  • Combatting Money Laundering in Cyber Crime Act of 2025 — Short Title(s) as Introduced

Cost estimate

The Congressional Budget Office has filed 1 estimate for H.R. 5877, the latest on Apr 15, 2026.

Lobbying

1 client hired 1 firm and 5 registered lobbyists who named H.R. 5877 in 6 quarterly filings, 2025 to 2026. Reported under the Lobbying Disclosure Act; a filing’s income covers everything its registrant worked that quarter, so the amounts below are the filings’, not this bill’s.

Filed under Financial Institutions/Investments/Securities, Retirement, Taxation/Internal Revenue Code.

Clients

Who paid to be heard, by how many filings named the bill.

ClientBusinessStateFirmsFilingsReported
AMERICAN BENEFITS COUNCIL—District of Columbia16$290K

Firms

Registrants who filed on the bill, by filings.

RegistrantClientsFilingsReported
DAVIS & HARMAN LLP16$290K

Lobbyists

Named on the filings that cite the bill.

LobbyistFirmsClientsFilings
ADAM MCMAHON116
CHRIS GASTON116
KENT MASON116
MICHAEL HADLEY116
ROBERT DAVIS116

Filings

The documents themselves, on the Senate’s Lobbying Disclosure site, largest reported first.

ClientRegistrantPeriodReportedDocument
AMERICAN BENEFITS COUNCILDAVIS & HARMAN LLP2025 second_quarter$80K2nd Quarter - Report
AMERICAN BENEFITS COUNCILDAVIS & HARMAN LLP2025 fourth_quarter$60K4th Quarter - Report
AMERICAN BENEFITS COUNCILDAVIS & HARMAN LLP2026 first_quarter$50K1st Quarter - Report
AMERICAN BENEFITS COUNCILDAVIS & HARMAN LLP2025 third_quarter$40K3rd Quarter - Report
AMERICAN BENEFITS COUNCILDAVIS & HARMAN LLP2026 second_quarter$30K2nd Quarter - Report
AMERICAN BENEFITS COUNCILDAVIS & HARMAN LLP2025 first_quarter$30K1st Quarter - Report

Classification

The Congressional Research Service files H.R. 5877 under Crime and Law Enforcement, one of its 31 policy areas, and gives it 6 legislative subjects.

CRS Subjects

CRS assigns every bill one policy area from its 31; H.R. 5877’s is Crime and Law Enforcement.

hr5877/policy-areas.txt
Crime and Law EnforcementAgriculture and FoodAnimalsArmed Forces and National SecurityArts, Culture, ReligionCivil Rights and Liberties, Minority IssuesCommerceCongressEconomics and Public FinanceEducationEmergency ManagementEnergyEnvironmental ProtectionFamiliesFinance and Financial SectorForeign Trade and International FinanceGovernment Operations and PoliticsHealthHousing and Community DevelopmentImmigrationInternational AffairsLabor and EmploymentLawNative AmericansPublic Lands and Natural ResourcesScience, Technology, CommunicationsSocial WelfareSports and RecreationTaxationTransportation and Public WorksWater Resources Development

Legislative Subjects

H.R. 5877 carries 6 of CRS’s legislative subjects, from Computers and information technology to Law enforcement administration and funding.

hr5877/subjects.txt
Computers and information technologyCongressional oversightCriminal investigation, prosecution, interrogationFraud offenses and financial crimesGovernment studies and investigationsLaw enforcement administration and funding

Constitutional authority

The clause the sponsor cites as Congress’s power to enact H.R. 5877, as entered in the Congressional Record.

[Congressional Record Volume 171, Number 182 (Friday, October 31, 2025)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. FITZGERALD:H.R. 5877.Congress has the power to enact this legislation pursuantto the following:Article I, Section VIII of the United States Constitution[Page H4567]

Source: congress.gov · legiscan.com