Stop Fentanyl Money Laundering Act of 2025

House Bill

H.R. 1577

119th Congress

Stop Fentanyl Money Laundering Act of 2025

Placed on the Union Calendar, Calendar No. 12.

Introduced:Feb 25, 2025

Primary Sponsor

Robert J. Wittman

Representative

Republican

VA-1

Cosponsors

9

Quick Stats

Policy Area

Finance and Financial Sector

Summary

This bill expands Treasury tools to combat fentanyl-related money laundering. It allows restrictions on foreign financial institutions or transactions linked to fentanyl trafficking. FinCEN must issue advisories on identifying Chinese money laundering for fentanyl and guidance on reporting suspected narcotics trafficking.

Latest Action

Placed on the Union Calendar, Calendar No. 12.

AI Summary

Plain-English explanation of this bill

This bill expands Treasury tools to combat fentanyl-related money laundering. It allows restrictions on foreign financial institutions or transactions linked to fentanyl trafficking. FinCEN must issue advisories on identifying Chinese money laundering for fentanyl and guidance on reporting suspected narcotics trafficking.

Last updated: 1/5/2026

Official Summary

Congressional Research Service summary

Stop Fentanyl Money Laundering Act of 2025 This bill expands efforts to prevent money laundering related to international fentanyl and narcotics distribution.The bill allows the Department of the Treasury to impose restrictions on an entity or activity determined to be of primary money-laundering concern in connection with illicit fentanyl and narcotics trafficking. Specifically, if Treasury determines that a foreign financial institution, class of transaction, or type of account is of such concern, Treasury may require domestic financial institutions and agencies to take special measures, such as reporting certain financial transactions involving that entity or activity.The Financial Crimes Enforcement Network (FinCEN) must issue advisories to financial institutions about how to identify Chinese money laundering that facilitates the trafficking of fentanyl and other synthetic opioids. FinCEN must also issue guidance to financial institutions for filing suspicious transaction reports related to suspected narcotics trafficking by transnational criminal organizations.

Key Points

Main provisions of the bill

Expands anti-money laundering tools for fentanyl
Allows restrictions on suspect foreign institutions
Requires FinCEN advisories on Chinese laundering
Mandates guidance on narcotics trafficking reports
Targets transnational criminal organizations

How This Impacts Americans

Potential effects on citizens and communities

Financial institutions would have better tools and guidance to identify fentanyl-related money laundering. Chinese networks financing drug trafficking would face increased scrutiny. The bill addresses the financial side of the deadly fentanyl crisis.

Policy Areas

Primary Policy Area

Finance and Financial Sector

Related Subjects

Asia

China

Civil actions and liability

Congressional oversight

Currency

Drug trafficking and controlled substances

Fraud offenses and financial crimes

Government studies and investigations

International monetary system and foreign exchange

Latin America

+3 more

Scope & Jurisdiction

Jurisdiction Level

federal

Congressional Session

119th Congress

Citation Reference

1577, 119th Congress (2025). "Stop Fentanyl Money Laundering Act of 2025". Source: Voter's Right Platform. https://votersright.org/bills/118-hr-1577