H.R. 5808 · 118th Congress
Preventing Deep Fake Scams Act
- Stage
- In committee
- Sponsor
- Brittany Pettersen
- Introduced
- 2023-09-28
- Latest action
- 2023-09-28 · Introduced in House
Summary
Preventing Deep Fake Scams Act
This bill establishes the Task Force on Artificial Intelligence in the Financial Services Sector. Members include representatives from the Department of the Treasury, the Federal Reserve Board, the Federal Deposit Insurance Corporation, and the National Credit Union Administration. The task force must report on (1) how banks and credit unions prevent fraud that utilizes artificial intelligence, (2) best practices for financial institutions to protect their customers, and (3) related legislative and regulatory recommendations.