Agencies must report yearly on AI-driven financial crime threats
Placed on the calendarH.R. 2152Latest action
Sponsor: Zachary Nunn · Representative · IA
AIDecoded by AI · checked against the recordRead the official text
Official title: AI PLAN Act
119th Congress
Topics: Jobs & the economy
Introduced:
Read the official bill on Congress.govIn plain words
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Treasury, Homeland Security, and Commerce must jointly report to Congress on AI-enabled financial crime, starting within 180 days.
45-second read · 4 questions answered below
What does this do?
The AI PLAN Act requires the Secretaries of Treasury, Homeland Security, and Commerce to jointly submit a report to Congress within 180 days of passage, and annually afterward, on how AI is used by hostile actors for financial crimes. The report covers agency coordination, current tools and staff, and needed resources, with a classified section and public summary. Agencies must also send Congress recommendations for new laws and best practices after each report.
Who does it affect?
Directly affects federal agencies, financial regulators (including the Federal Reserve, SEC, FTC, FCC, and banking regulators), and law enforcement. Indirectly affects banks, businesses, and consumers who may face new fraud-prevention rules or guidance.
Why does it matter?
The bill creates new reporting and interagency coordination requirements but does not itself establish new crimes, penalties, or regulations. Any actual rule changes would depend on future action based on the reports' recommendations.
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Where does it stand?
- IntroducedMar 14, 2025
- House committee
- House voteYou are here · Jun 24, 2026
- Senate
- The president's desk
Right now: it was placed on the , and the official record shows no floor action on it since. If the Senate changes it, it goes back to the House before reaching the president.
Latest action: — Placed on the Union Calendar, Calendar No. 615.