# 119-hr-5877: Combatting Money Laundering in Cyber Crime Act of 2025

119-hr-5877, Combatting Money Laundering in Cyber Crime Act of 2025, is a 119th Congress bill sponsored by Rep. Fitzgerald, Scott [R-WI-5] (R-WI); status in_committee; PRIA reads it as touching household money (as of 2026-09-21).

- Canonical: https://policyrisk.com/legislation/119-hr-5877
- As of: 2026-09-21
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-5877
- Congress: 119
- Title: Combatting Money Laundering in Cyber Crime Act of 2025
- Status: in_committee
- Introduced: 2025-10-31
- Sponsor: Rep. Fitzgerald, Scott [R-WI-5] (R-WI)
- Cosponsors: 3
- Policy area: Crime and Law Enforcement
- Touches household money: yes
- Last recorded action: 2026-09-21

## Summary

**This bill would expand the Secret Service's authority to investigate digital-asset and cyber-enabled money laundering crimes.** It would also lengthen certain data-retention rules and require a Government Accountability Office study on anti-money laundering enforcement in cybercrime.

## Cosponsors (3)

- Rep. Pettersen, Brittany [D-CO-7] (D-CO), 2025-10-31T00:00:00.000Z
- Rep. Nunn, Zachary [R-IA-3] (R-IA), 2025-10-31T00:00:00.000Z
- Rep. Sherman, Brad [D-CA-32] (D-CA), 2025-10-31T00:00:00.000Z

## Provisions PRIA read

- Secret Service power for digital asset crime: benefit, medium. If enacted, the bill would expand U.S. Secret Service authority over digital-asset crimes. It would add unlicensed money transmitters to the Secret Service's list of offenses. It would let agents investigate money laundering and structured transactions, not just documents or devices. It would remov…
- Longer federal financial records retention: mixed, medium. If enacted, the bill would make FinCEN keep covered records for 10 years instead of 5. This would apply to records shared through the FinCEN Exchange. It would mainly affect FinCEN, law enforcement, and institutions whose records are included. It could help investigations but also mean personal fin…
- Higher count for North Korea sanctions: mixed, low. If enacted, the bill would raise a numeric count used in a North Korea sanctions rule from 6 to 10. The change would take effect upon enactment. It would apply to entities covered by that rule, including some international financial institutions. The practical effects on households would be limited…

## Related bills

- 119-hr-6644: 21st Century ROAD to Housing Act
- 119-hr-3151: SHIPS for America Act of 2025
- 119-hr-842: Nancy Gardner Sewell Medicare Multi-Cancer Early Detection Screening Coverage Act
- 119-hr-3277: Ensuring Lasting Smiles Act
- 119-hr-1422: Enhanced Iran Sanctions Act of 2025
- 119-hr-1340: More Homes on the Market Act

## Sources
- [119-hr-5877 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/5877)

## Related
- [119-hr-6644: 21st Century ROAD to Housing Act](https://policyrisk.com/legislation/119-hr-6644)
- [119-hr-3151: SHIPS for America Act of 2025](https://policyrisk.com/legislation/119-hr-3151)
- [119-hr-842: Nancy Gardner Sewell Medicare Multi-Cancer Early Detection Screening Coverage A…](https://policyrisk.com/legislation/119-hr-842)
- [119-hr-3277: Ensuring Lasting Smiles Act](https://policyrisk.com/legislation/119-hr-3277)
- [119-hr-1422: Enhanced Iran Sanctions Act of 2025](https://policyrisk.com/legislation/119-hr-1422)
- [119-hr-1340: More Homes on the Market Act](https://policyrisk.com/legislation/119-hr-1340)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-5877 (as of 2026-09-21).