Federal Task Force Established to Combat Scams and Protect Consumer Finances.
This law establishes an interagency task force, led by the FTC and DOJ, dedicated to creating a national strategy to fight scams. This initiative aims to improve coordination across federal agencies, law enforcement, and the private sector to better protect citizens from financial losses. The task force will operate for 10 years, focusing on public education and improving recovery resources for victims.
Key points
Creation of a 10-agency federal task force (including FBI, Secret Service, SSA) specifically dedicated to combating financial scams and fraud.
Mandate to develop a national strategy focused on reducing systemic financial risk from scams and improving recovery resources for victims.
Increased government coordination with technology companies, banks, and cryptocurrency platforms to disrupt scam operations.
Status:
Introduced
Civic Will
Why does your vote on bills matter?
It creates raw, undeniable proof. Civic Will provides the permanent data to verify the Government's loyalty towards its citizens
(explained here).
Start recording it now.