Govoptes

HR 2384 ยท Financial Technology Protection Act of 2025

Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Introduced
Mar 26, 2025
Latest action
Jul 22, 2025
Sponsor
Rep. Zachary Nunn [R-IA-3]
Policy area
Finance and Financial Sector
Cosponsors
4

Summary

Financial Technology Protection Act of 2025 This bill establishes the Independent Financial Technology Working Group to Combat Terrorism and Illicit Financing. The working group must study and report on terrorist and illicit use of digital assets and other related emerging technologies and develop proposals to improve anti-money laundering and counterterrorist financing efforts. The working group terminates four years after the bill's enactment or after the working group completes any ongoing activities, whichever is later. In addition, the Department of the Treasury must (1) report on the potential use of digital assets and other emerging technologies by states, nonstate actors, and terrorist groups for the purpose of evading sanctions to threaten the national security of the United States; and (2) describe a strategy to mitigate and prevent this usage.

Recent actions

  1. Jul 22, 2025 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  2. Jul 21, 2025 Motion to reconsider laid on the table Agreed to without objection.
  3. Jul 21, 2025 On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3509-3510)
  4. Jul 21, 2025 Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3509-3510)
  5. Jul 21, 2025 DEBATE - The House proceeded with forty minutes of debate on H.R. 2384.
  6. Jul 21, 2025 Considered under suspension of the rules. (consideration: CR H3509-3511)
  7. Jul 21, 2025 Mr. Hill (AR) moved to suspend the rules and pass the bill, as amended.
  8. May 6, 2025 Placed on the Union Calendar, Calendar No. 67.

Votes

No recorded votes are available for this bill.

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