House Financial Services Committee Archives

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House Financial Services Committee

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)

Treasury pushing for ‘robust’ use of AI in banking, but in a ‘gradual’ way

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…

3 hours ago By Matt Bracken

The headquarters of the Securities and Exchange Commission is seen in Washington, D.C., on Jan. 28, 2021. (Photo by SAUL LOEB/AFP via Getty Images)

GOP lawmakers engaged with SEC watchdog on IT shop’s deletion of texts

House Financial Services Republicans have had “preliminary discussions” with the OIG regarding its report on erased messages from ex-Chair Gary Gensler’s phone.

Oct 7, 2025 By Matt Bracken

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 leaders eye AI regulatory push

Reps. Patrick McHenry and Maxine Waters introduce measures targeting the technology’s impact on housing and the financial sector.

Dec 2, 2024 By Matt Bracken

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).

GOP lawmakers, financial leaders ‘leery’ of rushing AI rules on the sector

At a Tuesday House hearing, capital markets and banking professionals said they want regulatory clarity from agencies.

Jul 23, 2024 By Matt Bracken

financial data, financial regulators — (Getty Images)

This bill could ‘turbocharge’ financial regulators’ analytics

The House Financial Services Committee's leadership is pushing legislation to standardize data at eight agencies, paving the way for RegTech and AI apps.

Sep 27, 2019 By Dave Nyczepir