H.R. 1577, titled the "Stop Fentanyl Money Laundering Act of 2025," aims to give the U.S. Secretary of the Treasury the power to combat money laundering connected to illegal fentanyl and drug financing. The bill allows the Secretary to enforce special measures on financial institutions...
Simple Explanation
The bill wants to help stop bad people from making and moving dangerous drugs like fentanyl by giving a special grown-up in the government the power to watch over and stop suspicious money dealings in banks from other countries. It also asks that they check in with other grown-ups in charge to make sure it's working well.