Expressing the sense of the House of Representatives with respect to the use of artificial intelligence in the financial services and housing industries.

Key Provisions

• The House Financial Services Committee would lead policy decisions on AI in banking and housing.
• The Committee would work to ensure the U.S. leads globally in AI development and use.
• The Committee would make sure regulators enforce existing laws, including anti-discrimination laws, as AI is used.
• The Committee would consider how to strengthen cybersecurity standards for AI systems.
• The Committee would protect smaller financial firms from unfair burdens from new AI rules.
• The Committee would safeguard taxpayer interests as new technologies develop.