Bill · H.R. 6829· House(119-HR-6829)
International Financial Access Improvements Act
- Introduced
- 12/17/2025
- Last activity
- 12/17/2025 — Referred to the Committee on Foreign Affairs, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- Sponsored by
- Maxine Waters
- Cosponsors
- None
- Introduced
- In Committee
What this bill would do
This bill, known as the "International Financial Access Improvements Act," proposes amendments to the Foreign Assistance Act of 1961. It seeks to improve the International Narcotics Control Strategy Report by requiring more specific information on how countries combat narcotics-related money laundering. This includes tracking legislative actions, enforcement efforts, and international status changes. The President would be required to consult with the Secretary of the Treasury and provide a separate report volume on money laundering issues to specific House and Senate committees. Additionally, the Secretary of the Treasury must work to create more consistent Bank Secrecy Act examinations across various agencies.
Yes· 3 of 4
Does this make what the government does easier for the public to see?+3
The bill increases transparency by requiring a separate, specific volume of the International Narcotics Control Strategy Report focused on money laundering.
Would business owners be better off under this?+1
The push for consistent Bank Secrecy Act examinations aims to provide more predictable regulatory standards for financial institutions and their clients.
Does this make it easier to run a small business?+1
The bill's mandate for consistent Bank Secrecy Act examinations may create a more predictable regulatory environment for businesses.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
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Increased Transparency in Counter-Narcotics Efforts: Under Section 2(a), the bill requires the reporting of specific improvements in foreign countries, such as the adoption of essential laws, increased criminal prosecutions, and asset seizures to prevent narcotics-related money laundering. This provides clearer oversight of how nations are fighting drug-related financial crimes.
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Better Inter-Agency Coordination: Section 2(b) requires the President to consult with the Secretary of the Treasury on money laundering matters, which could lead to more coordinated federal action.
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Improved Consistency in Financial Oversight: Section 2(c)(1)(A) directs the Secretary of the Treasury to consult with federal banking agencies and other groups to build more consistent Bank Secrecy Act exams. This aim for consistency across agencies could lead to more predictable regulatory environments.
Potential Negative Impacts for People
- No specific negative impacts or burdens are explicitly mentioned in the provided text.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Governance And Ideology
- Improves Government Transparency+3
- Demographic And Interest Groups
- Good For Business Owners+1
- Economy And Finance
- Improves Small Business Support+1
- National Security And Foreign Policy
- Increases Foreign Aid+1
- 12/17/2025
- Referred to the Committee on Foreign Affairs, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- Introduced in House