Gun Violence Prevention Through Financial Intelligence Act

# Gun Violence Prevention Through Financial Intelligence Act (S 2157) **What the bill would do:** This bill would use financial tracking and banking information to help prevent gun violence. The legislation would require financial institutions (banks, credit card companies, etc.) to report suspicious transactions related to firearms purchases to law enforcement, similar to how they currently report other financial crimes. The goal is to identify and stop potentially illegal gun trafficking networks and prevent individuals with concerning purchase patterns from obtaining weapons. **Who it affects:** The bill would primarily affect gun dealers, firearms manufacturers, and financial institutions that process transactions for firearms.

It could also impact people buying guns, as their financial activities related to these purchases could be monitored. Law enforcement agencies would gain new tools to track firearms-related financial activity. **Current status:** S 2157 is currently in committee (as of the 119th Congress), meaning it has been introduced but has not yet been debated or voted on by the full Senate. Many bills at this stage do not advance further.