This bill mandates the Federal Trade Commission, in conjunction with the Department of Justice, to establish an interagency task force focused on addressing scams. This task force will comprise representatives from numerous federal agencies, including the Department of Homeland Security, the Department of the Treasury, and the Federal Communications Commission, to ensure a comprehensive approach to scam prevention and enforcement. The task force is charged with developing and implementing a national strategy to combat scams, which will involve utilizing existing databases like the Consumer Sentinel Network and the Internet Crime Complaint Center. Key components of this strategy include public education , enhanced coordination with industry entities such as online platforms, and robust enforcement actions against fraud, money laundering, and human trafficking. Furthermore, it will focus on reducing systemic financial risks from scams, improving recovery resources for victims, and coordinating with international partners, while also consulting with consumer advocacy groups, various industry sectors, and state and local law enforcement.