DES MOINES — U.S. Representatives Zach Nunn (IA-03) and Jim Himes (CT-04) today introduced bipartisan legislation to develop a strategy to prepare for new threats that face our national security apparatus, our financial markets, and our sensitive data. The bipartisan Artificial Intelligence Practices, Logistics, Actions, and Necessities Act (AI PLAN Act) would require the Administration to create a plan to prevent AI from being utilized to endanger America’s economic and national security.
“Artificial intelligence holds the potential to rapidly create new opportunities and technological advancements to move our society forward. There is also a ton of risk that our adversaries – like the Chinese Communist Party, North Korea, Russia, and Iran – will use it to generate misinformation, commit fraud, and perpetrate crimes,” said Rep. Nunn. “Our adversaries are only continuing to invest in AI technology, so America must develop a plan that supports innovation while protecting American businesses, markets, and families.”
Nefarious, state-backed actors, like China, North Korea, Iran, and Russia, are already using AI to mislead Americans. Unfortunately, AI is being used to coerce Americans to turn over their data, disrupt financial markets, and raise false flags that trigger our defense components need to be carefully approached and appropriately addressed. Most recently, China’s DeepSeek AI model emerged as the newest effort to collect data from unsuspecting Americans, creating a national security risk. In the financial sector, AI is set to drive $15 trillion in new wealth over the next decade. The U.S. must develop strong safeguards to stop bad actors from using AI to manipulate markets, steal data, and gain unfair advantages over our local banks and credit unions.
“The US Government is often slow off the mark in technological development, but with the rapid evolution of artificial intelligence it’s more important than ever that we keep pace with our adversaries,” said Rep. Himes. “The AI PLAN Act is an important step towards ensuring that our Administration is equipped to counter threats to our markets and protect Americans from financial crimes. I’m proud to partner with Congressman Nunn in leading this important legislation”.
The bipartisan AI PLAN Act directs the Departments of Treasury, Commerce, and Homeland Security to develop a plan to combat nefarious artificial intelligence use, including:
- Utilize current enforcement tools to combat fraud, financial crime, and AI-generated misinformation
- Implement new, cross-jurisdictional techniques to defend against these attacks
- Promote U.S. innovation of AI and other emerging technologies
Text of the bill can be found here.
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