The House committee on financial services published a series of press releases detailing a busy September agenda across technology, oversight, and policy. The panel announced its October schedule, including a full committee hearing titled From Principles to Policy: Enabling 21st Century Artificial Intelligence innovation in financial services, set for 10:00 a.m. ET on Wednesday, October 8, 2025, at 2128 Rayburn House Office. The committee also spotlighted multiple activities led by its subcommittees as lawmakers press regulators and industry on emerging risks and opportunities.
On technology policy, the Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence, chaired by Bryan Steil, held a hearing to evaluate how financial regulators and firms are using Artificial Intelligence. The session examined potential benefits, risks, and applications across the financial system, with Steil emphasizing that markets should not fall behind in the global race for leadership in Artificial Intelligence. The focus on innovation will continue into October with the upcoming full committee hearing designed to translate principles into policy for financial services.
Oversight of consumer protection featured prominently. The Subcommittee on Oversight and Investigations, led by Dan Meuser, convened a hearing on the growing threat of financial fraud affecting American families, including a rise in check fraud and senior scams, and explored how federal agencies can better use their authority to combat these schemes and improve consumer protection. Separately, Chairman French Hill, Meuser, and Financial Institutions Subcommittee Chairman Andy Barr sent a letter to Federal Reserve Chair Jerome Powell requesting information on the Fed’s efforts to mitigate the increase in financial fraud.
Additional policy actions included a letter from Chairman Hill and several committee members to the Securities and Exchange Commission expressing support for President Trump’s executive order allowing 401(k) investors to access alternative assets. Hill also applauded passage of a short-term continuing resolution that extends the Defense Production Act and the National Flood Insurance Program. He reintroduced the Price Stability Act to end the Federal Reserve’s dual mandate and focus solely on curbing inflation. Meanwhile, the Housing and Insurance Subcommittee chaired by Mike Flood examined the Terrorism Risk Insurance Act’s structure and operations ahead of its December 31, 2027 expiration.
