Bill · H.R. 1734· House(119-HR-1734)
Preventing Deep Fake Scams Act
- Introduced
- 2/27/2025
- Last activity
- 2/27/2025 — Referred to the House Committee on Financial Services.
- Sponsored by
- Brittany Pettersen
- Cosponsors
- - 4 - 7
- Introduced
- In Committee
What this bill would do
This bill establishes the Task Force on Artificial Intelligence in the Financial Services Sector. The Task Force is led by the Secretary of the Treasury and includes several high-ranking financial officials. This group is tasked with creating a report for Congress regarding how artificial intelligence is being used in the financial sector. The report must include descriptions of how institutions protect against fraud and the potential risks posed by bad actors. It will also include a list of best practices and recommendations for regulation. The Task Force will terminate 90 days after its final report is issued.
Yes· 3 of 6
Does this give people more protection from unfair business practices?+5
The bill directs a task force to develop best practices and regulatory recommendations to protect consumers from AI-driven fraud and identity theft.
Does this give people more control over their personal data?+4
The bill seeks to identify risks and recommendations to protect consumer data from theft via artificial intelligence.
Would households on low incomes be better off under this?+3
The bill aims to protect consumers from identity theft and financial fraud through new regulatory recommendations.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
-
Protection against fraud and identity theft: The bill addresses concerns that bad actors could use "deep fakes," such as voice and audio manipulation, to access financial accounts or steal identities (Section 2).
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Increased awareness of security risks: The Task Force is required to describe potential risks resulting from artificial intelligence being used to steal consumer data or commit fraud (Section 3, subsection c, paragraph 3, subparagraph C).
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Establishment of safety standards: The report must include a list of best practices for financial institutions to protect their customers from fraud and identity theft (Section 3, subsection c, paragraph 3, subparagraph D).
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Guidance for future regulation: The Task Force will provide legislative and regulatory recommendations intended to protect consumers from data theft, identity theft, and fraud (Section 3, subsection c, paragraph 3, subparagraph E).
Potential Negative Impacts for People
- No specific negative impacts are explicitly mentioned in the provided text.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Demographic And Interest Groups
- Good For Low Income Households+3Good For Middle Class Households+3Good For Urban Residents+2
- Economy And Finance
- Improves Consumer Protection+5
- Education And Technology
- Improves Data Privacy+4
- Governance And Ideology
- Improves Government Transparency+3
- 4/13/2026
- 1 Cosponsor added.
- 12/18/2025
- 1 Cosponsor added.
- 9/2/2025
- 1 Cosponsor added.
- 7/16/2025
- 1 Cosponsor added.
- 4/28/2025
- 1 Cosponsor added.
- 3/4/2025
- 1 Cosponsor added.
- 2/27/2025
- Referred to the House Committee on Financial Services.
- 5 Cosponsors added.
- Introduced in House
2 bills Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.
Suzanne BonamiciDemocrat · Oregon
Robert BresnahanRepublican · Pennsylvania
Brian FitzpatrickRepublican · Pennsylvania
Mike FloodRepublican · Nebraska
Josh GottheimerDemocrat · New Jersey
Josh HarderDemocrat · California
Michael LawlerRepublican · New York
Ryan MackenzieRepublican · Pennsylvania
Zachary NunnRepublican · Iowa
Alexandria Ocasio-CortezDemocrat · New York
Jefferson Van DrewRepublican · New Jersey