Requires companies to assess how their algorithms impact people's critical life decisions.
This bill would make companies using powerful algorithms study how those algorithms affect people's important life decisions, like getting a job or housing. It would require them to send reports to the Federal Trade Commission (FTC) and fix any major negative impacts. The FTC would also create a public website with information about these algorithms.
Today, there are no federal requirements for companies to perform impact assessments of algorithms that make critical decisions affecting consumers. The Federal Trade Commission (FTC) does not have a dedicated Bureau of Technology or specific mandates for algorithmic oversight. If this bill becomes law, the FTC would be directed to create regulations requiring certain businesses to perform these assessments, submit summary reports, and try to fix harmful algorithms. The FTC would also establish a new Bureau of Technology and a public website with algorithm information, and state attorneys general would gain new enforcement powers.
HR 5511 · 119th Congress · September 19, 2025 · AI Summary by gemini-2.5-flash · 5/10
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4 filings mentioned this bill
Amounts reflect total quarterly lobbying spend reported to the Senate, not bill-specific spending. Source: Senate LDA filings.