From Principles to Policy: Enabling 21st Century AI Innovation in Financial... (EventID=111111)

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Connect with the House Financial Services Committee » Get the latest news: https://democrats-financialservices.house.gov/ » Follow us on Facebook: https://www.facebook.com/USHouseFSC » Follow us on Twitter: https://x.com/USHouseFSC » Follow us on Instagram: https://www.instagram.com/ushousefsc/ » Follow us on Bluesky: https://bsky.app/profile/ushousefsc.bsky.social ___________________________________ » Subscribe: https://www.youtube.com/@USHouseFSC?sub_confirmation=1 ___________________________________ On Wednesday, December 10, 2025, at 10:00 a.m. (ET) full Committee Chairman Hill and Ranking Member Waters will host a hearing entitled, “From Principles to Policy: Enabling 21st Century AI Innovation in Financial Services." ___________________________________ Witnesses for this one-panel hearing will be: • Ms. Jeanette Manfra, Vice President and Global Head of Risk & Compliance, Google Cloud • Mr. Tal Cohen, President, Nasdaq • Mr. Nicholas Stevens, Vice President of Product, Senior Director, AI & Engineering, Zillow • Ms. Wendi Whitmore, Chief Security Intelligence Officer, Palo Alto Networks • Mr. Joshua Branch, Big Tech Accountability Advocate, Public Citizen ___________________________________ This hearing will examine artificial intelligence (AI) use cases in the financial services and housing sectors and assess how existing laws and regulations apply, identifying where current frameworks are effective and where gaps may create uncertainty or hinder innovation. The hearing will also explore interagency coordination to ensure AI oversight is consistent, clear, and supportive of innovation, competition, and consumer protection. Legislation Noticed 1. H.R. 4801, the Unleashing AI Innovation in Financial Services Act (Hill): This bill creates regulatory sandboxes for AI test projects at financial regulatory agencies. The bill directs regulatory agencies to establish AI Innovation Labs to allow regulated entities to experiment with AI test projects without unnecessary or unduly burdensome regulation or expectation of enforcement actions. 2. H.R. 2152, the Artificial Intelligence Practices, Logistics, Actions, and Necessities (PLAN) Act (Nunn): This bill requires the Secretary of the Treasury, the Secretary of Homeland Security, and the Secretary of Commerce to develop a strategy to defend against the economic and national security risks posed by the use of artificial intelligence in the commission of financial crimes, including fraud and the dissemination of misinformation. 3. H.R. 1734, the Preventing Deep Fake Scams Act (Pettersen): This bill establishes a task force to examine AI in the financial services sector, including both the potential benefits of the technology for financial institutions and the unique risks it poses to customer account security. 4. H. Res. ___, Expressing the sense of the House of Representatives with respect to the use of artificial intelligence in the financial services and housing industries. (Steil): This discussion draft expresses support for the use of artificial intelligence in the financial services and housing industries. 5. H.R. ___, the Artificial Intelligence Innovation Sandbox Information Generation and Harmonization of Testing Act (AI INSIGHT) Act: This discussion draft requires the Secretary of the Treasury to conduct a study on best practices for data sharing in regulatory sandboxes focused on the use of artificial intelligence tools in financial services. 6. H.R. ___, the Fostering the Use of Technology to Uphold Regulatory Effectiveness in Supervision (FUTURES) Act (Stutzman): This discussion draft requires financial regulators to assess the challenges and risks resulting from their outdated supervisory technologies.... ___________________________________ #federalreserve #doddfrank #fdic #cfpb #occ #financialservices #regulation #sec #securities #securitiesandexchangecommission ___________________________________ Hearing page: https://democrats-financialservices.house.gov/events/eventsingle.aspx?EventID=413936