Creates a new federal task force to fight payment scams and protect consumers.
This bill would create a new federal task force to combat payment scams like spoofed calls and malicious websites. This group would bring together government agencies, banks, tech companies, and consumer advocates. Their goal would be to find ways to protect people from losing money to scammers. It aims to improve how scams are identified, prevented, and reported.
Today, there isn't a single federal task force focused on stopping payment scams across different industries. If this bill passes, the Treasury Secretary would create such a task force within 90 days. This group would then work to identify scam trends, develop prevention methods, and coordinate efforts among government agencies and private companies to protect consumers.
S 2019 · 119th Congress · June 10, 2025 · AI Summary by gemini-2.5-flash · 10/10
Sign in to see your representatives' phone numbers
20 filings mentioned this bill
Amounts reflect total quarterly lobbying spend reported to the Senate, not bill-specific spending. Source: Senate LDA filings.