Consumer Safety Technology Act

This bill pushes federal consumer protection to use new tech. It tells the Consumer Product Safety Commission (CPSC) to test artificial intelligence (AI) to find unsafe products faster, and it calls for studies on how blockchain and digital tokens affect consumers.

The CPSC must launch an AI pilot within one year. The AI can track injury trends, spot hazards, check for recalled items being sold (including online), and flag unsafe imports at the border. The CPSC must work with experts like technologists, cybersecurity pros, retailers, manufacturers, and safety groups, and later publish what they learned. The Commerce Department must study how blockchain could protect consumers from fraud and other unfair practices, take public comments, and report results. The Federal Trade Commission (FTC) must report on scams and unfair practices involving digital tokens and suggest any new laws needed.

Key points

• Who is affected: Shoppers, online marketplaces and retailers, product makers, and importers.
• What changes: CPSC tests AI to improve product safety; Commerce studies blockchain for consumer protection; FTC reports on token-related fraud and enforcement.
• When:
  • CPSC starts the AI pilot within 1 year of enactment and publishes findings within 1 year after the pilot ends.
  • Commerce finishes the blockchain study within 1 year and reports within 6 months after that.
  • FTC publishes its token report within 1 year.