Day: July 23, 2025

Fetterman, Colleagues Introduce Legislation to Crack Down on Money Laundering and Terror Financing in the Art Market

Washington, D.C. – Today, U.S. Senators John Fetterman (D-PA), Chuck Grassley (R-IA), Sheldon Whitehouse (D-RI), Bill Cassidy (R-LA), Andy Kim (D-NJ), and David McCormick (R-PA), introduced the Art Market Integrity Act, bipartisan legislation that would require art dealers and auction houses to comply with anti-money-laundering (AML) and counter-terrorism financing regulations under the Bank Secrecy Act (BSA). Currently, the art market, a $25 billion industry in the United States and the largest of its

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