Sponsors (2)
Introduced December 11, 2025 by George Whitesides · Last progress December 11, 2025
The bill centralizes federal coordination, data sharing, and public education to better detect and prevent scams, but it increases federal costs and raises meaningful privacy, oversight, and program‑stability trade‑offs for taxpayers, companies, and governments.
Financial institutions and private-sector partners can share non‑personally identifiable scam data with a new federal office, improving detection and prevention of widespread scams that threaten consumers and the financial system.
Federal, state, and local governments will have a central, Senate‑confirmed Director and annual reporting to Congress to better coordinate responses, speed incident handling, reduce duplicative efforts, and increase transparency about fraud threats and preparedness.
The bill requires public education efforts to inform and warn the public, helping taxpayers and other consumers avoid becoming victims of fraud and scams.
Taxpayers will fund a new Senate‑confirmed office and senior Director, increasing federal staffing and program costs.
Broad authority to share and accept data, combined with civil‑action immunity and adding Treasury/FCC/FTC roles, could weaken privacy protections and public oversight, raising liability and secrecy concerns for individuals, companies, and the public.
A five‑year sunset creates short‑term program instability that may discourage long‑term investment and continuity in scam prevention and response efforts for state/local governments and private partners.
Based on analysis of 2 sections of legislative text.
Creates a White House Office and Senate‑confirmed Director to coordinate national fraud and scam prevention, share non‑personal scam data, and advise agencies.
Creates a new Office of the National Fraud and Scam Prevention inside the Executive Office of the President, led by a Senate‑confirmed Director, to advise the President, coordinate federal efforts to prevent fraud and scams, and set up a program to share non‑personally identifiable scam data. The Director must monitor implementation across agencies, review budget proposals for consistency with the national strategy, recommend organizational or resource changes, and report annually to the President and Congress on fraud prevention posture and program effectiveness.