S. 809
Introduced in Senate · March 25, 2025February 27, 2025
Mr. Lee (for himself and Mr. Scott of Florida) introduced the following bill; which was read twice and referred to the Committee on Finance
A BILL
To amend the Right to Financial Privacy Act of 1978 to preserve the confidentiality of certain records, and for other purposes.
1. Short title; table of contents; TITLE I—BANK PRIVACY REFORM; 101. Bank Secrecy Act reforms; TITLE II—AMENDMENTS TO THE RIGHT TO FINANCIAL PRIVACY ACT OF 1978; 201. Warrant requirements and exceptions; TITLE III—CONSOLIDATED AUDIT TRAIL; 301. Requirements and prohibitions regarding the Consolidated Audit Trail; TITLE IV—NO CENTRAL BANK DIGITAL CURRENCY; 401. Central bank digital currency; TITLE V—REGULATIONS FROM THE EXECUTIVE IN NEED OF SCRUTINY; 501. Purpose; 502. Congressional review of certain agency rulemaking; 503. Budgetary effects of rules subject to section 802 of title 5, United States Code; 504. Government Accountability Office study of rules; TITLE VI—SUSPICIOUS ACTIVITY; 601. Criminal penalties; 602. Civil penalties; 603. Other relief; TITLE VII—STOPPING THE NOSY OBSESSION WITH ONLINE PAYMENTS; 701. Repeal of modification of exceptions for reporting of third party network transactions; TITLE VIII—PROHIBITION ON RESTRICTIONS RELATING TO CONVERTIBLE VIRTUAL CURRENCY; 801. Short title; 802. Prohibition on restricting use of convertible virtual currency by a person to purchase goods or services for the person’s own use
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,