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Bill · 119th Congress · HR 2384
Financial Technology Protection Act of 2025
Refreshed 3 h ago
Introduced 2025-03-26Topic: economy jobsSummary
Summary by the Congressional Research ServiceFinancial 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.
Sponsors
- Zachary Nunn Republican sponsor
- 4 cosponsors
Action history
| Date | Chamber | Action | Status effect |
|---|---|---|---|
| 2025-07-22 | Senate | Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. | refer |
| 2025-07-21 | House | Motion to reconsider laid on the table Agreed to without objection. | |
| 2025-07-21 | House | On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3509-3510) | |
| 2025-07-21 | 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) | floor pass | |
| 2025-07-21 | House | DEBATE - The House proceeded with forty minutes of debate on H.R. 2384. | |
| 2025-07-21 | House | Considered under suspension of the rules. (consideration: CR H3509-3511) | |
| 2025-07-21 | House | Mr. Hill (AR) moved to suspend the rules and pass the bill, as amended. | |
| 2025-05-06 | House | Placed on the Union Calendar, Calendar No. 67. | |
| 2025-05-06 | House | Reported (Amended) by the Committee on Financial Services. H. Rept. 119-93. | report |
| 2025-05-06 | Reported (Amended) by the Committee on Financial Services. H. Rept. 119-93. | report | |
| 2025-04-02 | House | Ordered to be Reported (Amended) by the Yeas and Nays: 49 - 0. | refer |
| 2025-04-02 | House | Committee Consideration and Mark-up Session Held | refer |
| 2025-03-26 | House | Referred to the House Committee on Financial Services. | refer |
| 2025-03-26 | Introduced in House | introduce | |
| 2025-03-26 | Introduced in House | introduce |