National Scam Prevention Coordination Act
Summary
The National Scam Prevention Coordination Act establishes the Office of the National Fraud and Scam Prevention within the Executive Office of the President. This office is headed by a Director appointed by the President with Senate approval. The Director serves as the principal advisor to the President on scam and fraud prevention policy and strategy.
Expected Effects
The Act aims to improve the coordination of federal efforts to combat fraud and scams. This includes information sharing, public education, and the development of integrated incident response plans. The establishment of a fraud data shield program will allow entities to share non-personally identifiable scam data with the Office.
Potential Benefits
- Enhanced coordination among federal agencies in combating fraud and scams.
- Improved public awareness and education on fraud prevention.
- Development of integrated incident response plans for significant fraud campaigns.
- Establishment of a fraud data shield program to facilitate information sharing.
- Potential reduction in financial losses and personal information theft due to scams.
Potential Disadvantages
- Creation of a new office within the Executive Office of the President may lead to increased bureaucracy.
- Potential for overlap and duplication of efforts with existing agencies.
- The sunset clause after five years may limit the long-term effectiveness of the office.
- Reliance on presidential appointment and direction may lead to political influence on fraud prevention efforts.
- Costs associated with establishing and operating the new office.
Constitutional Alignment
The Act aligns with the Constitution's broad goals of promoting the general welfare (Preamble) and providing for public safety. The establishment of an office within the Executive Branch is consistent with Article II, which vests executive power in the President. The appointment of the Director with the advice and consent of the Senate aligns with the appointment clause in Article II, Section 2. The Act does not appear to infringe upon any specific constitutional rights or limitations.
Impact Assessment: Things You Care About ⓘ
This action has been evaluated across 19 key areas that matter to you. Scores range from 1 (highly disadvantageous) to 5 (highly beneficial).