HR. 533In Committee
Bank Privacy Reform Act
Eliminates federal financial transaction and beneficial ownership reporting requirements by limiting access to such records to search warrants
Plain-English overview
What this bill does
Eliminates federal financial transaction and beneficial ownership reporting requirements by limiting access to such records to search warrants
Key points
- Limit record access to search warrants
- Repeal transaction reporting requirements
- Repeal beneficial ownership reporting
Current status
Where it stands
Status
In Committee
Latest action
2025-01-16 — Referred to the House Committee on Financial Services.
Related context
Topics and policy areas
undefinedFinance and Financial Sector