# 119-hres-1007: Expressing the sense of the House of Representatives with respect to the use of artificial intelligence in the financial services and housing industries.

119-hres-1007, Expressing the sense of the House of Representatives with respect to the use of artificial intelligence in the financial services and housing industries., is a 119th Congress bill sponsored by Rep. Steil, Bryan [R-WI-1] (R-WI); status in_committee (as of 2026-06-13).

- Canonical: https://policyrisk.com/legislation/119-hres-1007
- As of: 2026-06-13
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hres-1007
- Congress: 119
- Title: Expressing the sense of the House of Representatives with respect to the use of artificial intelligence in the financial services and housing industries.
- Status: in_committee
- Introduced: 2026-01-16
- Sponsor: Rep. Steil, Bryan [R-WI-1] (R-WI)
- Cosponsors: 3
- Policy area: Finance and Financial Sector
- Touches household money: no
- Last recorded action: 2026-06-13

## 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. - 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.

## Cosponsors (3)

- Rep. Lynch, Stephen F. [D-MA-8] (D-MA), 2026-01-16T00:00:00.000Z
- Rep. Liccardo, Sam T. [D-CA-16] (D-CA), 2026-01-21T00:00:00.000Z
- Rep. Downing, Troy [R-MT-2] (R-MT), 2026-01-21T00:00:00.000Z

## Related bills

- 119-hr-6644: 21st Century ROAD to Housing Act
- 119-hr-2808: Homebuyers Privacy Protection Act
- 119-hr-4382: America’s Olympic and Paralympic Games Commemorative Coins Act
- 119-hr-1229: United States-Israel Defense Partnership Act of 2025
- 119-hr-3151: SHIPS for America Act of 2025
- 119-hr-2392: STABLE Act of 2025

## Sources
- [119-hres-1007 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-resolution/1007)

## Related
- [119-hr-6644: 21st Century ROAD to Housing Act](https://policyrisk.com/legislation/119-hr-6644)
- [119-hr-2808: Homebuyers Privacy Protection Act](https://policyrisk.com/legislation/119-hr-2808)
- [119-hr-4382: America’s Olympic and Paralympic Games Commemorative Coins Act](https://policyrisk.com/legislation/119-hr-4382)
- [119-hr-1229: United States-Israel Defense Partnership Act of 2025](https://policyrisk.com/legislation/119-hr-1229)
- [119-hr-3151: SHIPS for America Act of 2025](https://policyrisk.com/legislation/119-hr-3151)
- [119-hr-2392: STABLE Act of 2025](https://policyrisk.com/legislation/119-hr-2392)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hres-1007 (as of 2026-06-13).