Three agencies finally get on same page about scams—and you'll see the data.

What it does

This bill directs the FBI, Consumer Financial Protection Bureau, and Federal Trade Commission to develop a unified government-wide strategy to counter scams within one year, including a single definition of scams, harmonized data collection, and a joint estimate of scam victims and losses. Each agency must report complaint numbers, dollar losses, and establish metrics to measure the effectiveness of their anti-scam training programs, with results made publicly available.

Why we flagged it

The bill's operative mechanism is purely administrative coordination and data transparency—requiring three federal agencies to align their scam-fighting efforts, adopt common definitions, and report findings publicly. It creates no new enforcement powers, no private liability shields, and no carve-outs; it is straightforward consumer-protection infrastructure.

What the text implies

• Harmonized data collection across FBI, CFPB, and FTC may reveal previously unmeasured scam prevalence, potentially triggering demand for additional enforcement resources or legislative action.
• Public reporting of scam statistics and agency training effectiveness creates accountability pressure on federal agencies to demonstrate measurable anti-scam results.

The full analysis lists 3 implications of this text.

Who it affects

The bill creates transparency and coordination mechanisms that help citizens by establishing a unified scam-fighting strategy, standardized data collection, and public reporting of scam prevalence and losses. Citizens gain visibility into the scope of scam problems and government effectiveness in combating them, with no restrictions on consumer rights or remedies.