# 119-hjres-56: Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Financial Crimes Enforcement Network relating to "Anti-Money Laundering/Countering the Financing of Terrorism Program and Suspicious Activity Report Filing Requirements for Registered Investment Advisers and Exempt Reporting Advisers".

119-hjres-56, Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Financial Crimes Enforcement Network relating to "Anti-Money Laundering/Countering the Financing of Terrorism Program and Suspicious Activity Report Filing Requirements for Registered Investment Advisers and Exempt Reporting Advisers"., is a 119th Congress bill sponsored by Rep. Clyde, Andrew S. [R-GA-9] (R-GA); status introduced; PRIA reads it as touching household money (as of 2026-04-21).

- Canonical: https://policyrisk.com/legislation/119-hjres-56
- As of: 2026-04-21
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hjres-56
- Congress: 119
- Title: Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Financial Crimes Enforcement Network relating to "Anti-Money Laundering/Countering the Financing of Terrorism Program and Suspicious Activity Report Filing Requirements for Registered Investment Advisers and Exempt Reporting Advisers".
- Status: introduced
- Introduced: 2025-02-12
- Sponsor: Rep. Clyde, Andrew S. [R-GA-9] (R-GA)
- Cosponsors: 0
- Policy area: Finance and Financial Sector
- Touches household money: yes
- Last recorded action: 2026-04-21

## Summary

**Nullifies FinCEN's anti-money-laundering rule that would require AML programs and suspicious activity report (SAR) filings for Registered Investment Advisers and Exempt Reporting Advisers.** The joint resolution disapproves the rule cited at 89 Fed. Reg. 72156 and provides that the rule would have no force or effect.

## Provisions PRIA read

- Block new money-laundering rules for advisers: benefit, low. If enacted, Congress would nullify a FinCEN rule for investment advisers. The cited rule (89 Fed. Reg. 72156, Sept. 4, 2024) would have required registered investment advisers and exempt reporting advisers to set up anti-money-laundering programs and file suspicious activity reports. This resolutio…

## Related bills

- 119-hr-137: TCJA Permanency Act
- 119-hr-25: FairTax Act of 2025
- 119-hr-9200: Secure the Border Act of 2026
- 119-hr-9199: Permanent Trump Secure Border Act
- 119-hr-624: RIFLE Act of 2025
- 119-hr-8827: ASSIMILATION Act

## Sources
- [119-hjres-56 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-joint-resolution/56)

## Related
- [119-hr-137: TCJA Permanency Act](https://policyrisk.com/legislation/119-hr-137)
- [119-hr-25: FairTax Act of 2025](https://policyrisk.com/legislation/119-hr-25)
- [119-hr-9200: Secure the Border Act of 2026](https://policyrisk.com/legislation/119-hr-9200)
- [119-hr-9199: Permanent Trump Secure Border Act](https://policyrisk.com/legislation/119-hr-9199)
- [119-hr-624: RIFLE Act of 2025](https://policyrisk.com/legislation/119-hr-624)
- [119-hr-8827: ASSIMILATION Act](https://policyrisk.com/legislation/119-hr-8827)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hjres-56 (as of 2026-04-21).