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Senators re-up bill to expand Secret Service’s financial cybercrime authorities

Summary by CyberScoop
A bipartisan pair of senators is taking another shot at their bill to expand the U.S. Secret Service’s investigative powers for financial cybercrime probes. The Combatting Money Laundering in Cyber Crime Act from Sens. Catherine Cortez Masto, D-Nev., and Chuck Grassley, R-Iowa, would update federal law to strengthen the Secret Service’s authority, enabling the agency to look into criminal activity tied to digital assets. “Dangerous criminals are…

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Senators re-up bill to expand Secret Service’s financial cybercrime authorities

A bipartisan pair of senators is taking another shot at their bill to expand the U.S. Secret Service’s investigative powers for financial cybercrime probes. The Combatting Money Laundering in Cyber Crime Act from Sens. Catherine Cortez Masto, D-Nev., and Chuck Grassley, R-Iowa, would update federal law to strengthen the Secret Service’s authority, enabling the agency to look into criminal activity tied to digital assets. “Dangerous criminals are…

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The Record by Recorded FutureThe Record by Recorded Future
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Lawmakers seek to close loophole limiting Secret Service investigations into cyber laundering

Two U.S. senators reintroduced legislation on Thursday that would address limits on the ability of the Secret Service to investigate efforts to launder money made through cybercrime.

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The Record by Recorded Future broke the news in on Friday, April 4, 2025.
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