HR2152-119

What This Bill Does

The AI PLAN Act directs the Treasury Secretary, Homeland Security Secretary, and Commerce Secretary to build a recurring congressional reporting process around artificial-intelligence-enabled financial crime. Congress states that adversarial use of AI in financial crimes creates national and economic security risks. Within 180 days after enactment and annually afterward, the three departments must report to Congress on interagency policies and procedures to defend U.S. financial markets, U.S. persons, U.S. businesses, and global supply chains from AI-enabled fraud, misinformation, and related financial crimes. The report must list immediately available hardware, software, resources, and technologies, and separately list additional people, technologies, and budget estimates needed by federal departments and agencies. The report must consider deepfakes, voice cloning, foreign election interference, synthetic identities, false flags and false signals that disrupt markets, and digital fraud. Within 90 days after each report, the departments must send Congress legislative recommendations and best practices for American businesses and government entities.

Who Benefits and How

Congressional oversight committees benefit from annual reports and follow-up recommendations that identify AI financial-crime risks, available tools, budget gaps, and legislative options. U.S. financial markets benefit from coordinated federal attention to deepfakes, synthetic identities, market-disrupting false signals, and digital fraud. American businesses benefit because the recommendations must include best practices for risk mitigation and incident response. U.S. persons benefit if the strategy improves detection of AI-enabled fraud and misinformation. Federal financial-crime agencies benefit from a documented inventory of technology, staffing, and budget needs.

Who Bears the Burden and How

The Treasury Secretary, Homeland Security Secretary, and Commerce Secretary must jointly produce the annual reports and 90-day recommendation packages. The U.S. Trade Representative, Attorney General, Federal Reserve Board Chair, NIST Director, Commerce Under Secretary for Industry and Security, and Securities and Exchange Commission Chair must support consultation. Federal departments and agencies must identify tools, staffing, software, hardware, and budget needs. American businesses may need to adopt best practices for AI financial-crime risk mitigation and incident response. Adversarial actors using deepfakes, voice cloning, synthetic identities, or false market signals face higher detection and enforcement exposure.

Key Provisions

• Requires Treasury, Homeland Security, and Commerce to submit an AI financial-crime report within 180 days and annually thereafter.
• Requires descriptions of interagency policies protecting U.S. markets, persons, businesses, and global supply chains.
• Requires inventories of immediately available technology resources and additional people, budget, hardware, and software needs.
• Requires risk analysis for deepfakes, voice cloning, foreign election interference, synthetic identities, market-disrupting false signals, and digital fraud.
• Directs consultation with USTR, DOJ, the Federal Reserve Board, NIST, Commerce export-control officials, and the SEC.
• Requires legislative recommendations and best practices within 90 days after each report.