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Senate Homeland Security and Governmental Affairs Committee

From left, Federal Reserve Chairman Jerome Powell, Treasury Secretary Janet Yellen and SEC Chairman Gary Gensler participate in a meeting of the Financial Stability Oversight Council at the U.S. Treasury on July 28, 2023 in Washington, D.C. (Photo by Kevin Dietsch/Getty Images)

Financial regulators have ‘insufficiently’ addressed hedge funds’ use of AI, report says

SEC and CFTC oversight of how investment vehicles use AI to inform trading decisions is lacking and poses risks to market stability, a report from the majority…
WASHINGTON, DC – JULY 21, 2022: Chairman Gary Peters (D-MI) listens as Transportation Security Administrator David Pekoske speaks during his confirmation hearing before the Senate Homeland Security and Governmental Affairs committee (Photo by Anna Moneymaker/Getty Images).

Bipartisan Senate bill would establish federal AI acquisition guardrails

A new bill from Sens. Gary Peters, D-Mich. and Thom Tillis, R-N.C., would require agencies to assess the risks of AI before acquiring it.
WASHINGTON, DC – SEPTEMBER 21: Sen. Rob Portman (R-OH) speaks to Sen. Gary Peters (D-MI) at a hearing to discuss security threats 20 years after the 9/11 terrorist attacks at the U.S. Capitol on September 21, 2021 in Washington, DC. (Photo by Greg Nash – Pool/Getty Images)

Senators introduce bipartisan bill to improve federal agencies’ customer service

The Improving Government Services Act pushes federal agencies to develop plans to implement private-sector customer experience best practices into public programs.
The U.S. House of Representatives and the U.S. Capitol Dome is seen as Speaker of the House Nancy Pelosi (D-CA) prepares to speak during a press conference on September 21, 2022 in Washington, DC. Speaker Pelosi, along with other lawmakers, is celebrating the passage of the Inflation Reduction Act and the steps it takes to lower healthcare costs. (Photo by Samuel Corum/Getty Images)

Congress advances SAMOSA bill to overhaul federal software purchasing   

The House is now scheduled to debate the bill that has attracted support and criticism from tech companies.
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WASHINGTON, DC – DECEMBER 07: Sen. Gary Peters (D-MI) speaks at a press conference alongside U.S. Senate Majority Leader Chuck Schumer (D-NY) about the Senate Democrats expanded majority for the next 118th Congress at the U.S. Capitol Building. (Photo by Anna Moneymaker/Getty Images)

Senators reintroduce bipartisan bill to push for open source software security within federal gov

The bill was previously proposed in response to the Log4j vulnerability that affected millions of IT systems around the world.
WASHINGTON, DC – MAY 11: Chairman Senator Gary Peters (D-MI) (R) speaks with Ranking Member Senator Rob Portman (R-OH) during a Senate Homeland Security and Governmental Affairs Committee hearing. (Photo by Sarah Silbiger-Pool/Getty Images)

Bill to consolidate federal agency software contracts expected to progress in Senate

If enacted, SAMOSAA would compel federal agencies to purchase unlimited software contracts and require greater product interoperability among Big Tech companies providing services to government.
WASHINGTON, DC – JULY 21: Chairman Gary Peters (D-MI) listens as Transportation Security Administrator David Pekoske speaks during his confirmation hearing before the Senate Homeland Security and Governmental Affairs committee (Photo by Anna Moneymaker/Getty Images).

Lawmakers float cost-saving legislation to mandate consolidation of federal agency software contracts

Work on the Strengthening Agency Management and Oversight of Software Assets Act is being led by committee chairman Sen. Gary Peters, D-MI.
WASHINGTON, DC – JULY 21: Chairman Gary Peters (D-MI) listens as Transportation Security Administrator David Pekoske speaks during his confirmation hearing before the Senate Homeland Security and Governmental Affairs committee (Photo by Anna Moneymaker/Getty Images).

Senate passes bill to crack down on conflicts of interest in federal contracting

The bill sets new federal contracting disclosure requirements and expands authorities for federal contracting officers.
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