AI PLAN Act

HR 7781, the AI PLAN Act, requires Treasury, Homeland Security, and Commerce secretaries to jointly submit annual reports to Congress on AI risks in financial crimes, fraud, and misinformation. These reports must detail interagency efforts to protect financial markets, businesses, and supply chains, including specific risks like deepfakes, voice cloning, election interference, and synthetic identities. Within 90 days of each report, the agencies must also provide legislative recommendations and best practices for mitigating these AI-driven threats. The bill focuses on creating a structured reporting process for federal agencies, not on enacting new regulations or funding.