Rep. Bill Foster, D-Ill., speaks during the Pro-Human Assembly at the Marriott Marquis Washington on Sept. 15, 2026 in Washington, D.C. (Photo by Finn Gomez/Getty Images)
Draft legislation from House Financial Institutions Subcommittee ranking member Bill Foster kicks off a conversation about modernizing financial regulatory reporting at the central bank and testing open-source…
Russell Vought testifies before a House Appropriations Subcommittee on Capitol Hill on June 30, 2026 in Washington, D.C. (Photo by Anna Moneymaker/Getty Images)
The agency’s acting director and OMB head struggled to get a word in as House Financial Services Committee Democrats hammered him on DOGE, website deletions and more.
Treasury Secretary Scott Bessent testifies before the Senate Committee on Banking, Housing, and Urban Affairs in the Dirksen Senate Office Building on Feb. 5, 2026 in Washington, D.C. (Photo by Kevin Dietsch/Getty Images)
Secretary Scott Bessent said there’s still “a great amount of learning to do” on AI during a pair of Hill appearances this week about FSOC’s annual report…
House Financial Services Republicans have had “preliminary discussions” with the OIG regarding its report on erased messages from ex-Chair Gary Gensler’s phone.
House Financial Services Committee ranking member Rep. Maxine Waters, D-Calif., speaks with Rep. Patrick McHenry, R-N.C., before a hearing in the Rayburn House Office Building on Capitol Hill on March 6, 2024 in Washington, D.C. (Photo by Chip Somodevilla/Getty Images)
House Financial Services Committee Chairman Patrick McHenry, R-N.C., holds a hearing on AI in the financial and housing sectors on July 23, 2024, in Washington, D.C. (Screenshot from livestream of hearing).
The House Financial Services Committee's leadership is pushing legislation to standardize data at eight agencies, paving the way for RegTech and AI apps.
