Bill · S. 2117· Senate(119-S-2117)
Preventing Deep Fake Scams Act
- Introduced
- 6/18/2025
- Last activity
- 6/18/2025 — Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Sponsored by
- Jon Husted
- Cosponsors
- - 0 - 1
- Introduced
- In Committee
What this bill would do
This bill, known as the "Preventing Deep Fake Scams Act," establishes a 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. Its primary purpose is to research and report on how artificial intelligence impacts the financial services industry. The group is tasked with looking into both the benefits and the unique threats AI poses to customer accounts. Additionally, the Task Force must gather feedback from the public and industry stakeholders. Finally, the group will submit a report to Congress containing descriptions of AI-related risks, best practices, and regulatory recommendations.
Yes· 3 of 10
Does this give people more control over their personal data?+5
The task force is specifically directed to protect consumers from data and identity theft caused by AI.
Does this give people more protection from unfair business practices?+5
The bill enhances consumer protection by investigating AI-driven fraud and identity theft risks in the financial sector.
Does this better protect the country from computer attacks?+5
The bill addresses cybersecurity threats posed by AI-driven deep fakes targeting financial accounts.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
-
Protection of Financial Accounts: The bill aims to address how bad actors might use deep fakes and voice manipulation to compromise consumer financial accounts (Section 2).
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Increased Security Awareness: The Task Force is required to develop a list of best practices for financial institutions to help protect customers from fraud and identity theft (Section 3(c)(3)(D)).
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Regulatory Oversight: The report must include legislative and regulatory recommendations intended to protect consumers from data theft, identity theft, and fraud (Section 3(c)(3)(E)).
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Public and Industry Input: The Task Force is required to solicit public feedback and consult with various industry and expert stakeholders to inform its report (Section 3(c)(2)).
Potential Negative Impacts for People
- No specific negative impacts are 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 Business Owners+2
- Education And Technology
- Improves Data Privacy+5Increases Big Tech Regulation+3
- Governance And Ideology
- Improves Privacy Rights+4Improves Government Transparency+2Increases Federal Power+2
- Economy And Finance
- Improves Consumer Protection+5
- National Security And Foreign Policy
- Improves Cybersecurity Defense+5
- 6/18/2025
- Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- 1 Cosponsor added.
- Introduced in Senate
One bill Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.
Raphael WarnockDemocrat · Georgia