
Reading the bill…
Our AI is translating this into plain English. Usually takes 10–15 seconds.

Reading the bill…
Our AI is translating this into plain English. Usually takes 10–15 seconds.
Current Status
Referred to the House Committee on Financial Services.
Sponsor
Warren Davidson
Introduced
May 4, 2026
How far this bill has traveled through Congress
Introduced
Committee
Passed Chamber
Passed Both
President
Enacted
Introduced
Bill filed in chamber
Committee
Reviewed & reported
Passed Chamber
House or Senate vote
Passed Both
House & Senate agree
President
Sent to White House
Enacted
Signed into law
Latest Action
Referred to the House Committee on Financial Services.
This bill improves oversight and transparency of the Financial Crimes Enforcement Network (FinCEN), which helps prevent financial crimes. It requires FinCEN to report on its activities, share information with Congress, and provide guidance to small businesses about beneficial ownership reporting. This increased transparency can help everyday Americans by making it harder for bad actors to hide illicit funds and promoting fairness in business dealings.
This bill matters because it can help prevent financial crimes, promote fairness in business dealings, and increase transparency of government actions.
No position data available yet
Source: cosponsors
No position data available yet
Source: cosponsors
Cosponsor data and vote records sourced from Congress.gov. Reflects formal legislative actions only — not editorial opinion.
No representative stances found yet. Check back after the next scraping cycle.