1. Short title This Act may be cited as the Financial Technology Innovation and Defense Act . 2. Sense of Congress It is the sense of Congress that the Federal Government should prioritize the investigation of terrorist and illicit use of new financial technology, including digital currencies. 3. Independent Financial Technology Task Force (a) Establishment There is established the Independent Financial Technology Task Force (the Task Force ), which shall consist of— (1) the Secretary of the Treasury, who shall serve as the head of the Task Force; (2) the Attorney General; (3) the Director of the Central Intelligence Agency; (4) the Director of the Financial Crimes Enforcement Network; (5) the Director of the Secret Service; (6) the Director of the Federal Bureau of Investigations; and (7) 4 individuals appointed by the Secretary of the Treasury to represent the private sector (including the banking industry, non-profit groups, and think tanks). (b) Duties The Task Force shall— (1) conduct independent research on terrorist and illicit use of new financial technologies, including digital currencies