# 117-hr-7080: Nowhere to Hide Oligarchs’ Assets Act

117-hr-7080, Nowhere to Hide Oligarchs’ Assets Act, is a 117th Congress bill sponsored by Rep. Waters, Maxine [D-CA-43] (D-CA); status Ordered to be Reported in the Nature of a Substitute by the Yeas and Nays: 26 - 23. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/117-hr-7080
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 117-hr-7080
- Congress: 117
- Title: Nowhere to Hide Oligarchs’ Assets Act
- Status: Ordered to be Reported in the Nature of a Substitute by the Yeas and Nays: 26 - 23.
- Introduced: 2022-03-15
- Sponsor: Rep. Waters, Maxine [D-CA-43] (D-CA)
- Cosponsors: 3
- Policy area: Finance and Financial Sector
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Nowhere to Hide Oligarchs' Assets Act This bill expands the scope of the Financial Crimes Enforcement Network's (FinCEN's) authority to obtain records related to financial crimes. Specifically, FinCEN may request a nationwide geographic targeting order requiring additional recordkeeping and reporting requirements applicable to domestic financial institutions or nonfinancial trades or businesses. Under current law, such an order must be limited to a specific geographic area. Additionally, the bill expands existing recordkeeping and reporting requirements applicable to U.S. residents, citizens, and entities when transacting with a foreign financial agency to also include transactions with a foreign nonfinancial trade or business.

## Cosponsors (3)

- Rep. Lynch, Stephen F. [D-MA-8] (D-MA), 2022-03-15T00:00:00.000Z
- Rep. Casten, Sean [D-IL-6] (D-IL), 2022-03-15T00:00:00.000Z
- Rep. Garcia, Sylvia R. [D-TX-29] (D-TX), 2022-03-18T00:00:00.000Z

## Related bills

- 117-hr-1193: Cardiovascular Advances in Research and Opportunities Legacy Act
- 117-hr-55: Emmett Till Antilynching Act
- 117-hr-8535: Shirley Chisholm Congressional Gold Medal Act
- 117-hr-8448: No Tax Breaks for Union Busting (NTBUB) Act
- 117-hr-8105: Good Jobs for Good Airports Act
- 117-hr-7910: Protecting Our Kids Act

## Sources
- [117-hr-7080 on Congress.gov](https://www.congress.gov/bill/117th-congress/house-bill/7080)

## Related
- [117-hr-1193: Cardiovascular Advances in Research and Opportunities Legacy Act](https://policyrisk.com/legislation/117-hr-1193)
- [117-hr-55: Emmett Till Antilynching Act](https://policyrisk.com/legislation/117-hr-55)
- [117-hr-8535: Shirley Chisholm Congressional Gold Medal Act](https://policyrisk.com/legislation/117-hr-8535)
- [117-hr-8448: No Tax Breaks for Union Busting (NTBUB) Act](https://policyrisk.com/legislation/117-hr-8448)
- [117-hr-8105: Good Jobs for Good Airports Act](https://policyrisk.com/legislation/117-hr-8105)
- [117-hr-7910: Protecting Our Kids Act](https://policyrisk.com/legislation/117-hr-7910)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/117-hr-7080 (as of 2025-11-18).