Expressing the sense of the House of Representatives with respect to the use of artificial intelligence in the financial services and housing industries.
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This resolution would express the House's sense that its Financial Services Committee should take the lead on policy toward artificial intelligence in the financial services and housing industries, covering topics from anti-discrimination enforcement to cybersecurity and smaller-firm burdens.
As a simple resolution, it would carry no legal force but would signal the House's priorities as regulators and industry weigh how to govern AI use in lending, underwriting, trading, and tenant screening.
What this bill would do
What it would do
This resolution would state that it is the sense of the House of Representatives that the Committee on Financial Services should play a leading role in setting public policy on the adoption of artificial intelligence in the financial services and housing industries. It lists eleven non-binding positions the committee should pursue, including promoting a pro-consumer and pro-innovation culture, ensuring regulators enforce existing anti-discrimination laws, assessing regulatory gaps, avoiding disproportionate burdens on smaller firms, strengthening cybersecurity standards, evaluating state privacy laws, understanding AI's workforce impact, and preserving U.S. global leadership in AI.
As a simple House resolution, it does not create, amend, or repeal any statute, does not direct any executive agency, and does not appropriate funds. It expresses institutional intent and priorities for one House committee rather than imposing enforceable requirements on regulators or industry.
Key provisions
- 1Would state that the Committee on Financial Services should lead House policymaking on AI adoption in financial services and housing
- 2Would call on the committee to promote a pro-consumer, pro-investor, and pro-innovation culture for AI in these industries
- 3Would direct the committee to ensure regulators enforce existing anti-discrimination laws and assess regulatory gaps as AI adoption grows
- 4Would urge the committee to prevent AI regulation from disproportionately burdening smaller financial firms
- 5Would call on the committee to strengthen cybersecurity standards for AI systems and evaluate state privacy law reforms
Who would be affected
The House Committee on Financial Services, which the resolution says should lead on AI policy; financial regulators generally; and, indirectly, financial institutions, capital markets participants, mortgage lenders, and housing-industry firms whose use of AI the committee is urged to monitor.
Why it matters
Although non-binding, the resolution signals which issues the Financial Services Committee may prioritize going forward, including anti-discrimination enforcement, cybersecurity standards, and protections for smaller community institutions, which could shape future legislative or oversight activity on AI in finance and housing.
Legislative status & sources
Latest action
Placed on the House Calendar, Calendar No. 67.
Official CRS summary
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This resolution supports the House Committee on Financial Services playing a leading role in making public policy regarding the adoption of artificial intelligence in the financial services and housing industries.
Legislative subjects
Advanced technology and technological innovations; Computers and information technology; Finance and Financial Sector; Financial services and investments; House of Representatives; Housing industry and standards
Committee report
H. Rept. 119-559