SCAM Act introduced in House

By

AI Summary

Two House lawmakers introduced legislation directing social media companies to combat fraudulent advertisements; a companion bill was recently introduced in the Senate.

Texas Relevance

The article does not explicitly mention Texas, TCUD, or any Texas-specific entities. The proposed legislation applies generally to social media companies and credit unions nationwide.

Original Content

Two House lawmakers have introduced legislation directing social media companies to take steps to fight fraudulent advertisements on their platforms. A companion bill was recently introduced in the Senate. The post SCAM Act introduced in House appeared first on ABA Banking Journal .