President Trump Signs Bill to Streamline Identity Theft Assistance for Social Security Victims

President Trump signed the 'Improving Social Security's Service to Victims of Identity Theft Act' (H.R. 5345) into law. This legislation requires the Social Security Administration (SSA) to assign a dedicated contact to identity theft victims whose Social Security numbers are misused or cards lost, aiming to simplify the resolution process. Identity theft cost Americans an estimated $47 billion in 2024.