AI PLAN Act
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Summary
The AI PLAN Act requires the Secretaries of Treasury, Homeland Security, and Commerce to jointly submit a strategy to Congress within 180 days and annually thereafter to defend against economic and national security risks posed by artificial intelligence used in financial crimes, fraud, and misinformation. The strategy must describe interagency policies, identify available resources and technologies to combat AI-enabled financial crimes, and estimate additional resources needed. The bill also requires the agencies to submit recommendations within 90 days of each report, including legislative proposals and best practices for businesses and government entities to mitigate AI-related financial crime risks.
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How your representatives voted
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