# 119-hr-1602: Financial Privacy Act of 2025

119-hr-1602, Financial Privacy Act of 2025, is a 119th Congress bill sponsored by Rep. Davidson, Warren [R-OH-8] (R-OH); status in_committee; PRIA reads it as touching household money (as of 2026-04-21).

- Canonical: https://policyrisk.com/legislation/119-hr-1602
- As of: 2026-04-21
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-1602
- Congress: 119
- Title: Financial Privacy Act of 2025
- Status: in_committee
- Introduced: 2025-02-26
- Sponsor: Rep. Davidson, Warren [R-OH-8] (R-OH)
- Cosponsors: 1
- Policy area: Finance and Financial Sector
- Touches household money: yes
- Last recorded action: 2026-04-21

## Summary

**Enhanced congressional oversight and transparency for FinCEN's Bank Secrecy Act reporting**. The bill would require detailed reports and annual reviews of protocols that govern agency access, retention, and sharing of those filings and includes a seven-year sunset. - Congressional committees: The chair or ranking member of the House Financial Services Committee and the Senate Banking Committee would get an initial report within 180 days and annual updates. They can request copies of any written protocols and must receive revised protocols within 30 days of a change. - Treasury and FinCEN: The Treasury would report counts of reports filed under the Bank Secrecy Act since January 1, 2022 by type, the total records FinCEN retains, and a description of protocols plus the number of agency queries and any denials or revocations. - Law enforcement, intelligence, and privacy: The Secretary, working with the Director of National Intelligence and the Attorney General, would annually review and, as appropriate, revise access rules to better tailor collection, prevent unauthorized disclosures, and protect the rights of United States persons.

## Cosponsors (1)

- Rep. Himes, James A. [D-CT-4] (D-CT), 2025-02-26T00:00:00.000Z

## Provisions PRIA read

- More oversight of FinCEN data use: mixed, low. This bill would require the Treasury to report to Congress on FinCEN reporting and data use not later than 180 days after enactment and every year after. The reports would show how many reports, by type, were filed each year since January 1, 2022, and how many were kept. They would also explain acc…

## Related bills

- 119-hr-3633: Digital Asset Market Clarity Act
- 119-hr-1262: Mikaela Naylon Give Kids a Chance Act
- 119-hr-9471: SAFE Banking Act of 2026
- 119-hr-3330: Energy Freedom Act
- 119-hr-25: FairTax Act of 2025
- 119-hr-8324: Great American Healthcare Plan

## Sources
- [119-hr-1602 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/1602)

## Related
- [119-hr-3633: Digital Asset Market Clarity Act](https://policyrisk.com/legislation/119-hr-3633)
- [119-hr-1262: Mikaela Naylon Give Kids a Chance Act](https://policyrisk.com/legislation/119-hr-1262)
- [119-hr-9471: SAFE Banking Act of 2026](https://policyrisk.com/legislation/119-hr-9471)
- [119-hr-3330: Energy Freedom Act](https://policyrisk.com/legislation/119-hr-3330)
- [119-hr-25: FairTax Act of 2025](https://policyrisk.com/legislation/119-hr-25)
- [119-hr-8324: Great American Healthcare Plan](https://policyrisk.com/legislation/119-hr-8324)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-1602 (as of 2026-04-21).