Bill > HR2152

This bill, known as the "AI PLAN Act," requires the Secretaries of Treasury, Homeland Security, and Commerce to develop and submit a comprehensive annual strategy to Congress addressing the national and economic security risks posed by artificial intelligence (AI) in financial crimes. The strategy must include detailed descriptions of interagency policies to defend U.S. financial markets, businesses, and supply chains against AI-enabled threats like deepfakes, voice cloning, synthetic identities, and digital fraud. The report must also inventory existing technological resources that can combat these risks and estimate the additional resources, hardware, software, and budget needed to effectively address AI-driven financial crimes. The bill mandates that these departments consult with key officials from agencies like the Federal Reserve, SEC, and Department of Justice, and within 90 days of each report, they must also provide Congress with legislative recommendations and best practices for businesses and government entities to mitigate and respond to AI-related financial crime risks. The underlying motivation is to proactively develop a coordinated national approach to defending against emerging AI-powered threats to economic and national security.