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Protecting Against Digital Scams: AI Task Force in Finance

This act establishes a special task force to examine how artificial intelligence impacts the financial sector. The goal is to protect your money and data from new types of scams, such as fake voices or images. The task force will prepare a report with recommendations to help banks and financial institutions better protect customers.
Key points
Creation of an expert task force to analyze AI-related threats in banking.
The task force will investigate how scammers can use AI for data and money theft.
Best practices and legal recommendations will be developed to enhance the security of your bank accounts.
The task force's report will help protect you from scams using fake voices and images (deep fakes).
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Status: Introduced
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Additional Information
Print number: 119_HR_1734
Sponsor: Rep. Pettersen, Brittany [D-CO-7]
Process start date: 2025-02-27
System Note: Lustra is free, publicly auditable civic infrastructure — full source code available on GitHub. You are reading sterilized legislative data, processed by our radical neutrality engine to strip political spin and retain factual mechanics. We process only official government data. Original documents remain the authoritative source—always verify them if you can.
Summarized by: gemini-2.5-flash
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Preventing Deep Fake Scams Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HR_1734.

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 2025-02-27.

What are the main provisions?

Key points include:

  • Creation of an expert task force to analyze AI-related threats in banking.
  • The task force will investigate how scammers can use AI for data and money theft.
  • Best practices and legal recommendations will be developed to enhance the security of your bank accounts.
  • The task force's report will help protect you from scams using fake voices and images (deep fakes).
What is the specific legal status?

The current status is Introduced.

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. Pettersen, Brittany [D-CO-7].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Financial Services.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-22.

What is the impact of this bill?

We don't know—that is up to you to decide. Summarizing raw data with AI is fundamentally different from predicting socio-economic outcomes. As of 2026, we believe impact assessment strictly requires a human in the loop to verify and judge.

CATEGORIES

Security Economy