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HRES 1007 · 119th Congress · Finance and Financial Sector

Expressing the sense of the House of Representatives with respect to the use of artificial intelligence in the financial services and housing industries.

Introduced January 16, 2026 Latest action March 19, 2026 3 cosponsors

Sponsor

Latest action

Placed on the House Calendar, Calendar No. 67.

Action timeline

Every recorded action on this bill, newest first. Stage badges color-code the legislative path.

Mar 19, 2026
committee Reported (Amended) by the Committee on Financial Services. H. Rept. 119-559.
Financial Services Committee
Mar 19, 2026
other Placed on the House Calendar, Calendar No. 67.
Jan 22, 2026
committee Committee Consideration and Mark-up Session Held
Financial Services Committee
Jan 22, 2026
committee Ordered to be Reported (Amended) by the Yeas and Nays: 54 - 0.
Financial Services Committee
Jan 16, 2026
introduced Submitted in House

Text versions

Each stage of the bill — official text published by GPO. Click any format to read on congress.gov / govinfo.

Mar 19, 2026 Reported in House
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Jan 16, 2026 Introduced in House
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CRS summaries

Plain-English summaries written by the Congressional Research Service — neutral, nonpartisan staff who summarize bills as they advance through stages. The authoritative description of what each version of the bill does.

via Congressional Research Service · published through congress.gov

Changelog
ⓘ

How a bill moves through Congress. Each stage produces a new official text. The diff between them shows what changed at that step.

  1. ih / is — Introduced in House / Senate. First filed version.
  2. rfh / rfs — Referred to a committee for review.
  3. rh / rs — Reported back by the committee to the floor (often with amendments — this is where most language changes happen).
  4. pcs / pch — Placed on Calendar for floor consideration.
  5. eh / es — Engrossed. Passed by the originating chamber. Text is now what was actually voted on.
  6. rdh / rds — Received by the other chamber.
  7. eah / eas — Engrossed Amendment. The other chamber passed an amended version.
  8. ath / ats — Agreed to. Both chambers settled on the same text.
  9. enr — Enrolled. Final reconciled text, sent to the President.
  10. pl — Public Law. Signed by the President. It's now law.
  11. pp — Public Print. Official printing post-enactment.

Most bills die before eh/es. Going from pcs → enr is the full path through both chambers.

Line-level diff between text versions of this bill — what actually changed at each legislative stage.

→
+117 −2 32 unchanged
--- Introduced (House)
+++ Reported (House)
@@ -1,12 +1,15 @@
[From the U.S. Government Publishing Office]
-[H. Res. 1007 Introduced in House (IH)]
+[H. Res. 1007 Reported in House (RH)]
<DOC>
+House Calendar No. 67
119th CONGRESS
2d Session
H. RES. 1007
+[Report No. 119-559]
+
Expressing the sense of the House of Representatives with respect to
the use of artificial intelligence in the financial services and
housing industries.
@@ -20,6 +23,18 @@
Mr. Steil (for himself and Mr. Lynch) submitted the following
resolution; which was referred to the Committee on Financial Services
+March 19, 2026
+
+Additional sponsors: Mr. Liccardo and Mr. Downing
+
+March 19, 2026
+
+Reported with amendments, referred to the House Calendar, and ordered
+to be printed
+[Strike the preamble and insert the part printed in italic]
+[Strike out all after the resolving clause and insert the part printed
+in italic]
+
_______________________________________________________________________
RESOLUTION
@@ -28,6 +43,43 @@
the use of artificial intelligence in the financial services and
housing industries.
+Whereas generative artificial intelligence (``AI'') has the potential to provide
+significant opportunities as well as risks across the financial services
+and housing industries;
+Whereas AI is playing a significant role in the financial services and housing
+industries and continues to be adopted in various forms;
+Whereas regulatory agencies should expand knowledge of governance and regulatory
+best practices with respect to AI;
+Whereas the United States capital markets market participants are leveraging AI
+to enhance research capabilities, market surveillance, and trading and
+execution;
+Whereas the United States housing market participants are using AI to enhance
+underwriting, mortgage servicing, and tenant screening;
+Whereas United States financial institutions are exploring the use of AI to
+enhance customer service capabilities, expand the pool of loan
+applicants, increase repayment rates, and decrease fraudulent payments;
+Whereas United States financial firms are leveraging AI to streamline compliance
+with the Bank Secrecy Act and sanctions laws as well as enhance
+cybersecurity operations from evolving threats;
+Whereas the use of generative AI is enhancing both employee productivity and
+consumer experiences across the financial services and housing
+industries;
+Whereas regulators should understand any financial stability risks related to
+financial institutions' growing use of AI, including whether such use
+increases herding behavior;
+Whereas AI can be exploited by malicious actors;
+Whereas the use of AI in automated decision-making does not relieve financial
+institutions from their obligations under anti-discrimination laws, and
+may lead to explainability challenges due to the complexity and opacity
+of certain AI models;
+Whereas small community financial institutions, such as rural depository
+institutions, minority depository institutions, and community
+development financial institutions may lack the resources to develop,
+train, and deploy AI models compared to larger institutions;
+Whereas financial institutions' use of AI may increase their direct and indirect
+reliance on third-party services; and
+Whereas AI has the potential of unlocking valuable new use cases for financial
+services and housing under risk-based guardrails: Now, therefore, be it
Whereas generative artificial intelligence (``AI'') has the potential to provide
significant opportunities as well as risks across the financial services
and housing industries;
@@ -67,6 +119,46 @@
services and housing under risk-based guardrails: Now, therefore, be it
Resolved, That it is the sense of the House of Representatives
that--
+<DELETED> (1) given the critical role of the financial and
+housing markets, the Committee on Financial Services of the
+House of Representatives should play a leading role in making
+public policy regarding the adoption of AI in the financial
+services and housing industries;</DELETED>
+<DELETED> (2) the Committee on Financial Services should
+consider how to promote a dynamic, pro-consumer, pro-investor,
+and pro-innovation culture for AI across the financial services
+and housing industries;</DELETED>
+<DELETED> (3) the Committee on Financial Services must
+ensure regulators apply and enforce existing laws, including
+anti-discrimination laws, and assess regulatory gaps and
+ineffective regulations as market participants adopt
+AI;</DELETED>
+<DELETED> (4) the Committee on Financial Services should
+support regulators assessing the impact on innovation and cost
+effectiveness before issuing AI-related rules;</DELETED>
+<DELETED> (5) the Committee on Financial Services must
+ensure any regulatory framework related to AI does not
+disproportionately burden smaller firms;</DELETED>
+<DELETED> (6) the Committee on Financial Services should
+ensure the financial regulators have the appropriate focus and
+tools to oversee new products and services;</DELETED>
+<DELETED> (7) the Committee on Financial Services should
+continue to evaluate State laws and consider reforms to privacy
+laws for financial institutions and firms given the importance
+of financial data to AI;</DELETED>
+<DELETED> (8) the Committee on Financial Services should
+continue to consider how to strengthen cybersecurity standards
+for AI systems;</DELETED>
+<DELETED> (9) the Committee on Financial Services should
+work with financial regulators to understand AI's impact on the
+workforce;</DELETED>
+<DELETED> (10) the Committee on Financial Services should
+ensure United States global leadership on AI development and
+use; and</DELETED>
+<DELETED> (11) the Committee on Financial Services should
+safeguard taxpayer interests as emerging technologies continue
+to evolve.</DELETED>
+That it is the sense of the House of Representatives that--
(1) given the critical role of the financial and housing
markets, the Committee on Financial Services of the House of
Representatives should play a leading role in making public
@@ -103,4 +195,27 @@
United States global leadership on AI development and use; and
(11) the Committee on Financial Services should safeguard
taxpayer interests as emerging technologies continue to evolve.
-<all>
+House Calendar No. 67
+
+119th CONGRESS
+
+2d Session
+
+H. RES. 1007
+
+[Report No. 119-559]
+
+_______________________________________________________________________
+
+RESOLUTION
+
+Expressing the sense of the House of Representatives with respect to
+the use of artificial intelligence in the financial services and
+housing industries.
+
+_______________________________________________________________________
+
+March 19, 2026
+
+Reported with amendments, referred to the House Calendar, and ordered
+to be printed

Lobbying activity

Organizations whose LDA filings reference this bill, ranked by filing count. Position not disclosed — LDA does not require lobbyists to report support / oppose / monitor. Bill-number references can be stale (lobbyists sometimes copy text year-over-year), so verify against the filing description.

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BAN
1
filings · 2026 Q1

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Cosponsors (3)

Members who signed on to support this bill.

Lynch D
Liccardo D
Downing R