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Transferring Financial Crime Investigations from Secret Service to Treasury Department.

This Act shifts responsibility for investigating financial crimes, such as counterfeiting, credit card fraud, and cybercrimes, from the Secret Service to the Department of the Treasury. The goal is to enhance the efficiency of combating financial fraud, directly protecting citizens' personal finances and data. This change also allows the Secret Service to fully concentrate on its core protective duties, aiming to improve national security.
Key points
Investigations into financial fraud, counterfeiting, and electronic payment crimes will now be handled by the Department of the Treasury, leveraging its specialized financial expertise.
The Secret Service will exclusively focus on its primary mission of protecting the President, Vice President, and other key officials.
The change is intended to provide better protection for citizens against cybercrime and fraud related to electronic payment systems.
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Additional Information
Print number: 118_HR_9358
Sponsor: Rep. Torres, Ritchie [D-NY-15]
Process start date: 2024-08-13
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Summarized by: gemini-2.5-flash-preview-09-2025
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Focus on Protection Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_9358.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2024-08-13.

What are the main provisions?

Key points include:

  • Investigations into financial fraud, counterfeiting, and electronic payment crimes will now be handled by the Department of the Treasury, leveraging its specialized financial expertise.
  • The Secret Service will exclusively focus on its primary mission of protecting the President, Vice President, and other key officials.
  • The change is intended to provide better protection for citizens against cybercrime and fraud related to electronic payment systems.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Torres, Ritchie [D-NY-15].

What is the latest detailed status?

The latest detailed status is: Introduced in House

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-26.

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