Bill · S. 4338· Senate(119-S-4338)
Pedophile Financial Accountability Act
- Introduced
- 4/16/2026
- Last activity
- 4/16/2026 — Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Sponsored by
- Ron Wyden
- Cosponsors
- None
- Introduced
- In Committee
What this bill would do
This bill, known as the "Pedophile Financial Accountability Act," requires the Director of the Financial Crimes Enforcement Network (FinCEN) to conduct a specific investigation. The investigation focuses on whether financial institutions and their employees violated the Bank Secrecy Act regarding transactions involving Jeffrey Epstein. It directs the examination of suspicious activity reporting, delays in filings, and the conduct of senior executives and employees. The Director is required to submit a report of the investigation's outcome to Congress within 100 days of the Act's enactment. Additionally, the Director may refer employees to the Attorney General if they determine there were potentially willful violations of law.
Yes
Does this make what the government does easier for the public to see?+6
The bill mandates a report to Congress regarding the investigation of financial institution conduct.
Does this give people more protection from unfair business practices?+5
The bill seeks to identify if financial institutions failed to report suspicious activity, which can protect the integrity of the financial system.
The opposite
Would high-income households be better off under this?-3
The investigation targets the financial activities and reporting requirements of wealthy individuals and their banking relationships.
Who it would affect, and how
Potential Positive Impacts for People
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Increased Accountability for Financial Institutions: The bill requires an investigation into whether institutions like JPMorgan Chase and Bank of America failed to properly report suspicious activity related to Jeffrey Epstein (Section 2(b)(2)(B)).
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Transparency through Congressional Reporting: The Director must submit a report to Congress regarding the investigation's outcome within 100 days, allowing for oversight of how financial crimes were handled (Section 2(c)(1)).
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Legal Recourse for Violations: The bill allows for the referral of employees to the Attorney General if the investigation finds potential willful violations of the Bank Secrecy Act or anti-money laundering laws (Section 2(d)).
Potential Negative Impacts for People
- No specific negative impacts for individuals or groups are explicitly stated in the text provided.
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+6
- Economy And Finance
- Improves Consumer Protection+5
- Demographic And Interest Groups
- Good For High Income Households-3
- 4/16/2026
- Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Introduced in Senate