Foreign Financial Threat Organization Bill

Official: To require the Secretary of the Treasury to designate certain covered organizations as Foreign Financial Threat Organizations, and for other purposes.

IntroducedMay 20, 2025

Why This Matters

This bill allows the government to identify and take action against foreign organizations that commit fraud against U.S. citizens. It aims to protect people from financial scams and threats from abroad.

If you are a U.S. citizen, this bill could help protect you from scams by foreign organizations.

Affects: U.S. citizens and lawful permanent residents targeted by foreign fraud schemes.

What changes is this bill making?

1. The Secretary of the Treasury will label certain foreign organizations as Foreign Financial Threat Organizations. 2. These organizations can have their assets frozen to prevent financial transactions. 3. The bill allows the government to block these organizations from contacting U.S. citizens. 4. The Secretary must report on the actions taken against these organizations every year. 5. The bill aims to protect U.S. citizens from fraud by foreign entities.

Who is affected?

U.S. citizens and lawful permanent residents targeted by foreign fraud schemes.