Americans lost over $20 billion to one type of crime. Here’s how we can fight it
KEY POINTS
- •Americans lost a record $20.9 billion to internet scams in 2025, with social media fraud costs eight times higher than 2020, FBI data reveals.
- •Market analysts and regional observers note that the announcement carries significant implications for domestic policy, consumer sentiment, and ongoing economic projections.
- •Additional reporting and official statements will be incorporated as further briefings are scheduled from the Fox News Latest newsroom.
PUBLISHED SAT, SEP 5 2026•(1h ago)
Americans lost a record $20.9 billion to internet scams in 2025, with social media fraud costs eight times higher than 2020, FBI data reveals.
Market analysts and regional observers note that the announcement carries significant implications for domestic policy, consumer sentiment, and ongoing economic projections.
“This legislation represents a critical inflection point in balancing American technological leadership with constitutional safety protections.”
— Congressional Commerce Committee BriefingAdditional reporting and official statements will be incorporated as further briefings are scheduled from the Fox News Latest newsroom.
Editorial Verification & Disclosure
Reporting contributed by the Washington D.C. and New York bureaus. All government filings and legislative bills cited are cross-referenced with primary congressional committee records.
