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.
Sponsor

Full profile: /officials/W000817
Source: Congress.gov · FEC
Cosponsors (1)
Members who have signed on to support this bill since introduction. Source: Congress.gov.
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.
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