H. R. 1577, known as the "Stop Fentanyl Money Laundering Act of 2025," gives the Secretary of the Treasury the power to take action against foreign entities involved in money laundering related to illegal fentanyl and narcotics. The bill allows for measures to be implemented against...
Simple Explanation
The bill wants to give a special person in charge of money in the U.S. the power to stop foreign bad guys from hiding money made from selling dangerous drugs like fentanyl. It also tells banks how to spot sneaky money tricks related to drugs and asks for a report to learn from past drug problems.