The U.S. House Financial Services Committee is holding a hearing titled “From Principles to Policy: Enabling 21st Century AI Innovation in Financial Services” and published Chairman French Hill’s prepared remarks outlining the Committee’s focus on how artificial intelligence is being deployed across financial services and housing and how it should be overseen. The hearing is set to examine AI use cases and interagency coordination aimed at making oversight consistent and clear, while supporting innovation, competition, and consumer protection. Hill pointed to applications including enhanced analysis, risk management, fraud mitigation, and customer service, and said the Committee will consider where existing laws may fall short or require modernization and how to identify regulatory gaps while maintaining risk-based, technology-neutral regulation. The session builds on prior work by the bipartisan Congressional AI Task Force, the Committee’s AI Working Group, and an earlier hearing of the Digital Assets, Financial Technology, and Artificial Intelligence Subcommittee chaired by Bryan Steil.
U.S. Financial Services Committee 2025-12-10
U.S. House Financial Services Committee holds hearing on AI use cases and regulatory coordination in financial services and housing
The U.S. House Financial Services Committee is holding a hearing on AI innovation in financial services, focusing on oversight, innovation, competition, and consumer protection. Chairman French Hill's remarks highlight AI applications in analysis, risk management, fraud mitigation, and customer service, and the need to modernize laws and identify regulatory gaps. The session continues efforts by the Congressional AI Task Force and the Committee's AI Working Group.