TRAPS Act
Sponsored By: Representative Nunn, Zachary [R-IA-3]
Introduced
Summary
Creates a cross-agency Task Force on Payment Scams that would map electronic payment fraud, recommend prevention steps, and coordinate enforcement across financial, telecommunications, and technology sectors.
Show full summary
- Consumers and households would get coordinated education and reporting strategies designed to help people spot and avoid scam calls, text messages, malicious ads, pop-ups, and scam websites. These efforts would target scams that move money through electronic payment platforms.
- Victims and industry would have a formal seat at the table. The Task Force would include up to five victim representatives and sector reps from banks, credit unions, payment networks, community banks, consumer groups, and technology or platform associations to review tactics and identify prevention best practices.
- Federal, state, local, and Tribal enforcement and regulators would be brought together. The Task Force would coordinate investigations, assess international approaches, consider whether more federal law is needed, and publish an initial report within 1 year followed by annual updates; it would be established within 90 days and terminate three years after submitting the required report.
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Bill Overview
Analyzed Economic Effects
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
New task force to fight payment scams
This bill would require Treasury to set up a Task Force on Payment Scams within 90 days. It would include CFPB, FCC, FTC, DOJ, bank regulators, FinCEN, and outside voices like banks, payment networks, tech platforms, community banks, and victim advocates. It would study scam trends involving payments sent electronically through platforms, share best practices, and coordinate with law enforcement on spoofed calls, scam texts, malicious ads, and business email compromise. The group would meet at least three times in the first year, post a public report within one year, and update it each year. It would end three years after filing the first report; members would get no extra pay, and normal advisory committee rules would not apply.
Sponsors & CoSponsors
Sponsor
Nunn, Zachary [R-IA-3]
IA • R
Cosponsors
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
Scott, David
GA • D
Sponsored 9/26/2025
Rep. Beatty, Joyce [D-OH-3]
OH • D
Sponsored 9/26/2025
Buchanan
FL • R
Sponsored 9/30/2025
Rep. Salinas, Andrea [D-OR-6]
OR • D
Sponsored 10/17/2025
Loudermilk
GA • R
Sponsored 10/17/2025
Himes
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
Sessions
TX • R
Sponsored 9/2/2025
Soto
FL • D
Sponsored 9/10/2025
Sewell
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
Riley (NY)
NY • D
Sponsored 11/19/2025
Salazar
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
Lucas
OK • R
Sponsored 1/7/2026
Moore (NC)
NC • R
Sponsored 2/2/2026
Rep. Valadao, David G. [R-CA-22]
CA • R
Sponsored 2/10/2026
Wittman
VA • R
Sponsored 2/10/2026
Rep. Smith, Christopher H. [R-NJ-4]
NJ • R
Sponsored 2/20/2026
Timmons
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. 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. 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. Foxx, Virginia [R-NC-5]
NC • R
Sponsored 4/9/2026
Van Drew
NJ • R
Sponsored 4/14/2026
Rep. Davids, Sharice [D-KS-3]
KS • D
Sponsored 4/16/2026
Rep. Smith, Adrian [R-NE-3]
NE • R
Sponsored 4/20/2026
Davis (NC)
NC • D
Sponsored 4/28/2026
Rep. Neguse, Joe [D-CO-2]
CO • D
Sponsored 4/28/2026
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov