Senate Banking Committee Archives

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Senate Banking 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

Sen. Mark Warner, D-Va., and Sen. Elizabeth Warren, D-Mass., talk before the start of the Senate Banking, Housing and Urban Affairs Committee hearing on Feb. 24, 2015. (Photo By Bill Clark/CQ Roll Call)

CFPB blasted by Senate Banking Democrats for ‘entirely avoidable’ cybersecurity flaws

In a letter shared first with FedScoop, Sen. Warren and colleagues demand answers about an OIG report that found the agency’s cyber program to be ineffective due…

Nov 24, 2025 By Matt Bracken