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
(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