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119-hr-4936119th CongressWALLET

TRAPS Act

Sponsored By: Representative Nunn, Zachary [R-IA-3]

In Committee

Summary

A cross-agency Task Force to recognize and avert payment scams would bring federal agencies, industry, and victims together to study scam trends, recommend prevention and enforcement steps, and publish public findings.

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  • Consumers and families would see coordinated consumer education and guidance aimed at spotting and avoiding common scam tactics like spoofed calls, scam texts, and malicious websites.
  • Financial institutions and payment providers would have official representation on the Task Force so banks, credit unions, community banks, and digital payment networks can share and adopt best practices.
  • Victims and support networks would be represented with up to 5 appointed members to ensure survivor experience shapes recommendations and outreach strategies.
  • Regulators and law enforcement would coordinate across federal, State, local, and Tribal authorities, meet at least 3 times in the first year, and deliver a public report within 1 year with recommended legislative or regulatory steps.

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Bill Overview

Analyzed Economic Effects

2 provisions identified: 1 benefits, 0 costs, 1 mixed.

Study, report, and recommend anti-scam steps

This bill would require the Task Force to study how scammers use spoofed calls, scam texts, malicious ads, websites, payment platforms, and business email compromise. It would evaluate best practices, international responses, and how platforms and banks are being exploited. The Task Force would design consumer education, coordinate with law enforcement at all levels, and consult state, local, Tribal, and private stakeholders. It would send an initial public report to the Senate Banking Committee and the House Financial Services Committee within 1 year of starting and then file yearly public updates. The initial report would include findings, a prevention and detection strategy, recommended legislative or regulatory changes, and proposals to improve data and reporting.

Treasury-led payment scam Task Force

This bill would require the Treasury Secretary to set up a Task Force on Payment Scams within 90 days. The Task Force would be chaired by the Secretary or a designee and include many federal agencies plus industry and stakeholder appointees. The Secretary could add up to five representatives for victims and support networks. Members would serve until the Task Force ends. The group would meet at least three times in the first year, federal employees on the Task Force would not get extra pay, and Chapter 4 of Title 5 would not apply. The Task Force would end three years after it submits its initial report (the first report is due within 1 year of establishment).

Sponsors & CoSponsors

Sponsor

Nunn, Zachary [R-IA-3]

IA • R

Cosponsors

  • Rep. Min, Dave [D-CA-47]

    CA • D

    Sponsored 10/5/2026

  • Rep. Amo, Gabe [D-RI-1]

    RI • D

    Sponsored 10/13/2026

  • Rep. Kim, Young [R-CA-40]

    CA • R

    Sponsored 9/11/2025

  • Rep. Vindman, Eugene Simon [D-VA-7]

    VA • D

    Sponsored 9/15/2025

  • Rep. Magaziner, Seth [D-RI-2]

    RI • D

    Sponsored 9/17/2025

  • Rep. Pettersen, Brittany [D-CO-7]

    CO • D

    Sponsored 9/18/2025

  • Rep. Meuser, Daniel [R-PA-9]

    PA • R

    Sponsored 9/26/2025

  • Rep. Sherman, Brad [D-CA-32]

    CA • D

    Sponsored 9/26/2025

  • Rep. Scott, David [D-GA-13]

    GA • D

    Sponsored 9/26/2025

  • Rep. Beatty, Joyce [D-OH-3]

    OH • D

    Sponsored 9/26/2025

  • Rep. Buchanan, Vern [R-FL-16]

    FL • R

    Sponsored 9/30/2025

  • Rep. Salinas, Andrea [D-OR-6]

    OR • D

    Sponsored 10/17/2025

  • Rep. Loudermilk, Barry [R-GA-11]

    GA • R

    Sponsored 10/17/2025

  • Rep. Himes, James A. [D-CT-4]

    CT • D

    Sponsored 8/8/2025

  • Rep. Beyer, Donald S. [D-VA-8]

    VA • D

    Sponsored 8/19/2025

  • Rep. Williams, Roger [R-TX-25]

    TX • R

    Sponsored 8/19/2025

  • Rep. Sessions, Pete [R-TX-17]

    TX • R

    Sponsored 9/2/2025

  • Rep. Soto, Darren [D-FL-9]

    FL • D

    Sponsored 9/10/2025

  • Rep. Sewell, Terri A. [D-AL-7]

    AL • D

    Sponsored 9/10/2025

  • Rep. Bera, Ami [D-CA-6]

    CA • D

    Sponsored 10/24/2025

  • Rep. Steil, Bryan [R-WI-1]

    WI • R

    Sponsored 10/31/2025

  • Rep. Riley, Josh [D-NY-19]

    NY • D

    Sponsored 11/19/2025

  • Rep. Salazar, Maria Elvira [R-FL-27]

    FL • R

    Sponsored 12/9/2025

  • Rep. Raskin, Jamie [D-MD-8]

    MD • D

    Sponsored 12/18/2025

  • Rep. Tran, Derek [D-CA-45]

    CA • D

    Sponsored 12/19/2025

  • Rep. Lucas, Frank D. [R-OK-3]

    OK • R

    Sponsored 1/7/2026

  • Rep. Moore, Tim [R-NC-14]

    NC • R

    Sponsored 2/2/2026

  • Rep. Valadao, David G. [R-CA-22]

    CA • R

    Sponsored 2/10/2026

  • Rep. Wittman, Robert J. [R-VA-1]

    VA • R

    Sponsored 2/10/2026

  • Rep. Smith, Christopher H. [R-NJ-4]

    NJ • R

    Sponsored 2/20/2026

  • Rep. Timmons, William R. [R-SC-4]

    SC • R

    Sponsored 3/4/2026

  • Rep. Fitzpatrick, Brian K. [R-PA-1]

    PA • R

    Sponsored 3/17/2026

  • Rep. Correa, J. Luis [D-CA-46]

    CA • D

    Sponsored 3/17/2026

  • Rep. Weber, Randy K. Sr. [R-TX-14]

    TX • R

    Sponsored 3/17/2026

  • Rep. Lawler, Michael [R-NY-17]

    NY • R

    Sponsored 3/17/2026

  • Rep. Malliotakis, Nicole [R-NY-11]

    NY • R

    Sponsored 3/17/2026

  • Rep. Mann, Tracey [R-KS-1]

    KS • R

    Sponsored 3/17/2026

  • Rep. Deluzio, Christopher R. [D-PA-17]

    PA • D

    Sponsored 3/25/2026

  • Rep. Bacon, Don [R-NE-2]

    NE • R

    Sponsored 3/26/2026

  • Rep. Latimer, George [D-NY-16]

    NY • D

    Sponsored 3/26/2026

  • Rep. Walkinshaw, James R. [D-VA-11]

    VA • D

    Sponsored 4/9/2026

  • Rep. Harrigan, Pat [R-NC-10]

    NC • R

    Sponsored 3/18/2026

  • Rep. Kiggans, Jennifer A. [R-VA-2]

    VA • R

    Sponsored 3/25/2026

  • Rep. Foxx, Virginia [R-NC-5]

    NC • R

    Sponsored 4/9/2026

  • Rep. Davids, Sharice [D-KS-3]

    KS • D

    Sponsored 4/16/2026

  • Rep. Smith, Adrian [R-NE-3]

    NE • R

    Sponsored 4/20/2026

  • Rep. Van Drew, Jefferson [R-NJ-2]

    NJ • R

    Sponsored 4/14/2026

  • Rep. Davis, Donald G. [D-NC-1]

    NC • D

    Sponsored 4/28/2026

  • Rep. Neguse, Joe [D-CO-2]

    CO • D

    Sponsored 4/28/2026

  • Rep. Bonamici, Suzanne [D-OR-1]

    OR • D

    Sponsored 6/2/2026

  • Rep. Keating, William R. [D-MA-9]

    MA • D

    Sponsored 6/10/2026

  • Rep. De La Cruz, Monica [R-TX-15]

    TX • R

    Sponsored 6/15/2026

  • Rep. Bynum, Janelle S. [D-OR-5]

    OR • D

    Sponsored 6/23/2026

  • Rep. Crow, Jason [D-CO-6]

    CO • D

    Sponsored 7/13/2026

  • Rep. Barr, Andy [R-KY-6]

    KY • R

    Sponsored 9/10/2026

  • Rep. Grijalva, Adelita S. [D-AZ-7]

    AZ • D

    Sponsored 9/14/2026

  • Rep. Evans, Gabe [R-CO-8]

    CO • R

    Sponsored 9/24/2026

Roll Call Votes

No roll call votes available for this bill.

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