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119-hres-1007119th Congress

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

Sponsored By: Representative Steil, Bryan [R-WI-1]

In Committee

Summary

Assigns the Committee on Financial Services to lead U.S. policy on AI in finance and housing. The resolution would push regulators to balance a pro-consumer, pro-investor, and pro-innovation approach while enforcing anti-discrimination rules and avoiding undue burdens on smaller institutions.

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  • Regulators: Urges the committee to shape public policy, have regulators apply existing laws, assess gaps, and weigh impacts on innovation and costs before issuing AI rules.
  • Consumers and borrowers: Calls for protections so automated decisions in lending, underwriting, tenant screening, and servicing follow anti-discrimination laws and improve explainability.
  • Small and community institutions: Notes rural depository institutions, minority depository institutions, and community development financial institutions may lack AI resources and seeks to prevent disproportionate regulatory burdens.
  • Financial and housing firms: Recognizes firms use AI for research, trading, customer service, fraud detection, compliance, and cybersecurity and promotes risk-based guardrails for those uses.
  • Security, workforce, and taxpayers: Encourages stronger AI cybersecurity standards, study of AI’s impact on the workforce, and safeguards for taxpayer interests as technology evolves.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & CoSponsors

Sponsor

Steil, Bryan [R-WI-1]

WI • R

Cosponsors

  • Rep. Lynch, Stephen F. [D-MA-8]

    MA • D

    Sponsored 1/16/2026

  • Rep. Liccardo, Sam T. [D-CA-16]

    CA • D

    Sponsored 1/21/2026

  • Rep. Downing, Troy [R-MT-2]

    MT • R

    Sponsored 1/21/2026

Roll Call Votes

No roll call votes available for this bill.

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