Financial Privacy Act of 2025

This bill makes the Treasury Department share yearly summaries with Congress about the money-laundering reports that banks and companies send to the Financial Crimes Enforcement Network (FinCEN), a Treasury office that tracks suspicious transactions and company owners to fight financial crimes like money laundering. It also tightens how other government agencies can access these reports and requires regular reviews to better protect the legal rights of people in the U.S.

Each year, Treasury must explain how many and what kinds of reports FinCEN gets, whether FinCEN keeps them, what the rules are for outside agency access, which agencies asked for access, and which requests were denied. Treasury must also review and update its access rules every year to help protect Americans’ legal rights.

Key points

• Who is affected: People whose financial data appears in Bank Secrecy Act reports; banks and companies that file these reports; FinCEN and other government agencies that request access.
• What changes: More transparency to Congress about these reports and stricter, regularly reviewed rules for who can see them.
• When: Annually, through required reports and reviews.