Requires federal strategy to counter AI-enabled financial crimes

Requires the Treasury, Homeland Security, and Commerce Secretaries to jointly submit a report to Congress within 180 days and annually after enactment, including a classified annex and optional unclassified summary.

Directs the reports to describe interagency policies, public–private partnerships, and to list both immediately deployable resources and resources (with budget estimates) needed to combat AI-enabled financial crime.

Specifies a set of AI-related risks the reports must consider, including deepfakes, voice cloning, synthetic identities, market-response risks, social engineering, cyber breaches, and digital fraud.

Requires consultation with multiple federal officials and regulators (for example, Attorney General, Fed Chair, SEC Chair, NIST Director, FCC Chair, FTC Chair, Comptroller, FDIC Chair).

Requires the lead agencies to submit, within 90 days after each report, legislative recommendations and best practices to help businesses and government mitigate risks and respond to incidents.