Consumer Safety Technology Act

Floor Speech

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Mr. SOTO. Mr. Speaker, I rise in strong support of H.R. 1770, the Consumer Safety Technology Act. The bill directs the Consumer Product Safety Commission to launch a pilot program exploring the use of artificial intelligence so that we can track injury trends, identify hazards, monitor recalls, and identify products not meeting importation requirements.

The reality is that the crooks are already using AI. The cops on the beat need to be able to use this, too. We also heard in committee that this could help make the CPSC more efficient by the use of this technology, and it is critical that we protect consumers.

The bill also requires the Department of Commerce and other agencies to study blockchain technology in the context of consumer products and safety. Right now, blockchain is an exciting technology. It is new technology that can be used for data storage and helping AI to analyze major issues. In addition, it could be in the digital currency form.

The next section also instructs that the FTC shall report to Congress on its efforts to address unfair and deceptive trade practices related to tokens, also known as digital currency, and make any recommendations to improve our Federal agency's ability to protect consumers and promote innovation.

Mr. Speaker, I thank Chair Latta, Ranking Members Pallone and Schakowsky, and Representatives Houchin, Trahan, and Castor for joining me in this important legislation. I urge Members to vote ``yes.''

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