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S4743Referred to Committee

A bill to require the Office of Financial Research to compel data relating to the financing of artificial intelligence development, provide that data to Congress, and issue recommendations to financial regulatory agencies and Congress to mitigate financial stability risk, and for other purposes.

Share:
Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2026-06-10
Introduced
1
Cosponsors
S
ⓘ
Type

Sponsor

Elizabeth Warren
Elizabeth Warren
Democrat · MA · Senator
Votes with party: 84.9% (827 recorded votes)

Full profile: /officials/W000817

Source: Congress.gov · FEC

Cosponsors (1)

Members who have signed on to support this bill since introduction. Source: Congress.gov.

  • Richard Blumenthal (D-CT)Original· 2026-06-10

Latest Action

The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

2026-06-10

Source: Congress.gov

Committee Activity

Currently in

  • Senate Committee on Banking, Housing, and Urban AffairsReferred To · 2026-06-10

Plain-English Summary

The government's financial research office would be required to collect detailed information about how companies are funding artificial intelligence development and share that data with Congress, then recommend ways that financial regulators and lawmakers can reduce risks to the overall economy. This would help lawmakers and regulators understand whether massive investments in AI could create financial problems similar to past crises, and what safeguards might be needed. The bill affects tech companies, investors, banks, and financial regulators who oversee the stability of the financial system.

AI-assisted summary generated from the official bill metadata (title, subjects, actions) sourced from Congress.gov. Cached and reviewed. Always verify against the official text linked below.

Full bill text is not yet cached locally.
Open text viewRead on Congress.gov

Related legislation

Bills by the same sponsor or covering overlapping subjects.

  • S4734A bill to require a review of acquisitions by investment companies involving acquisition of controlling interest of major defense suppliers, and for other purposes.
    Referred to Committee · 2026-06-10
  • S4718Restore Military Families’ Voices Act
    Referred to Committee · 2026-06-09
  • S4684Protecting American Consumers Act
    Referred to Committee · 2026-06-04
  • S4648A bill to improve transparency with respect to foreign influence on Department of Defense contractors.
    Referred to Committee · 2026-06-01