Rep. Loudermilk Reintroduces Legislation to Modernize Financial Reporting and Protect Consumer Privacy
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Washington D.C. (March 4, 2025) | Rep. Barry Loudermilk (GA-11) issued the following statement after he reintroduced the Financial Reporting Threshold Modernization Act (H.R. 1799) to update the Domestic Currency Transaction Report (CTR) threshold from $10,000 to $30,000, and ensure it is periodically adjusted for inflation in the 119th Congress. Updating this threshold will protect privacy, reduce compliance costs, […]
