FinCEN Oversight and Accountability Act of 2025

This bill aims to make the Financial Crimes Enforcement Network (FinCEN) more open and accountable. It requires the Treasury Department to keep Congress fully informed about FinCEN’s activities and to report any unlawful activity and what will be done to fix it. It also makes Treasury share the official documents that give FinCEN authority or instructions—both existing and future ones—with Congress and the public, with limited redactions allowed by law .

The bill extends how long Treasury must provide regular updates to Congress on anti–money‑laundering efforts from five years to ten years. It also requires FinCEN to hold a yearly small‑business working group to share information about beneficial ownership rules, improve coordination, and give guidance to small businesses on what they must report, with no new funding for this requirement.

Key points

• Who is affected: The Treasury Department and FinCEN; small businesses with beneficial ownership reporting duties .
• What changes: More reporting to Congress on FinCEN’s work and any problems; public posting of the documents that direct FinCEN; required yearly small‑business working group; testimony/updates extended to 10 years; no extra funding for the working group .
• When: Disclosures begin upon enactment and continue going forward; the working group meets each year; the update/testimony period is extended to 10 years .