The purpose of this legislation, known as the AI PLAN Act, is to create a comprehensive strategy to protect the United States from the economic and national security threats posed by the use of artificial intelligence in financial crimes. These crimes can include fraud and the spread of misinformation, which can undermine trust in financial systems and harm individuals and businesses. Key provisions of the Act require the Secretary of the Treasury, the Secretary of Homeland Security, and the Secretary of Commerce to work together and report to Congress on a regular basis.