President could let private groups fight foreign cybercriminals and recover stolen money for Americans.
This bill would let the President allow private groups to go after foreign cybercriminals who steal money from Americans. These groups could take cyber actions, seize stolen online money outside the U.S., and would be safe from lawsuits for their approved work. The goal is to get stolen money back to victims and stop cybercrime.
Today, private entities are not authorized by the President to conduct offensive cyber operations or seize assets of designated cyberthreats under Federal commission, nor are they protected from lawsuits for such actions. If this bill becomes law, the President would be authorized to issue commissions to private entities, allowing them to conduct specified cyber operations against designated foreign cyberthreats, seize their assets outside the United States, and be protected from lawsuits for authorized acts.
S 5000 · 119th Congress · July 15, 2026 · AI Summary by gemini-2.5-flash · 10/10
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