HR3629119th CongressWALLET

End Banking for Human Traffickers Act of 2025

Sponsored By: Representative Rep. Fitzpatrick, Brian K. [R-PA-1]

Introduced

Summary

Strengthen the financial system to detect and deter money linked to severe human trafficking. This bill would push bank examiners, an interagency task force, and federal banking agencies to review and upgrade anti-money-laundering detection, referral, and training processes and to produce concrete recommendations to improve how financial flows tied to severe trafficking are found and stopped.

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  • Financial institutions: Banks and other financial firms would face focused reviews and recommended changes to AML training, examination procedures, internal controls, and referral processes after the Financial Institutions Examination Council consults with Treasury, the private sector, victims and advocates, and law enforcement within 180 days.
  • Federal agencies and law enforcement: An Interagency Task Force would deliver, within 270 days, an analysis of current AML efforts related to severe trafficking plus required recommendations to improve detection, expand information sharing, enhance employee training, and update policies for referring suspected cases.
  • Foreign governments: The Trafficking Victims Protection Act would gain a new requirement to assess whether a country has a framework to prevent financial transactions of trafficking proceeds and to investigate, prosecute, convict, and sentence those who try or do so.

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Bill Overview

Analyzed Economic Effects

3 provisions identified: 2 benefits, 0 costs, 1 mixed.

Stronger bank checks for trafficking

Within 180 days of enactment, the bank exam council would review and improve anti–money laundering training and exam rules. It would consult Treasury, banks, victims, advocates, and law enforcement. It would also improve how banks refer suspected trafficking cases and check if current rules are enough. Within 270 days, the federal trafficking task force would send a report to key House and Senate banking and judiciary committees and federal banking agency heads. The report would include best practices, training changes, more information sharing, and possible legal updates for new tech and virtual currencies.

New trafficking finance test for countries

If enacted, U.S. reviews of foreign governments would add a test on blocking money from severe trafficking. Reviews would ask if a country has a framework and is using it, consistent with its capacity. They would look at investigations, prosecutions, convictions, and sentences for people who try or conduct those transactions.

Protect victims' access to banking

This bill would not give the federal trafficking task force power to make rules. It would also say banks should not be encouraged to deny services to trafficking victims or to people not responsible for trafficking. This aims to keep victims’ access to bank accounts and other services.

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Sponsors & CoSponsors

Sponsor

Rep. Fitzpatrick, Brian K. [R-PA-1]

PA • R

Cosponsors

  • Rep. Keating, William R. [D-MA-9]

    MA • D

    Sponsored 5/29/2025

  • Rep. Davis, Donald G. [D-NC-1]

    NC • D

    Sponsored 6/4/2025

  • Rep. Vasquez, Gabe [D-NM-2]

    NM • D

    Sponsored 12/16/2025

Roll Call Votes

No roll call votes available for this bill.

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