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BillS 4743 · 119

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.

Introduced
Jun 10, 2026
Cosponsors
1
Traction
0
Last Action
Jun 10, 2026

Bill Summary

Requires the Office of Financial Research to collect data on artificial intelligence development financing and provide it to Congress, along with recommendations to reduce financial risks. It also directs the office to share these recommendations with financial regulatory agencies.

Sponsored By

Elizabeth Warren
Democrat · Massachusetts · Senate

Bill Journey

  1. Jun 10, 2026
  2. Jun 10, 2026You Are Here

    The committee will review the bill, debate amendments, and vote on whether to advance it to the full chamber.

  3. TBD

    The full chamber debates the bill, may amend it, and votes on whether to pass it.

  4. TBD

    If passed by the first chamber, the other chamber considers, may amend, and votes on the bill.

  5. TBD

    If passed by both chambers, the bill goes to the President to sign into law or veto.

Why It Matters

This bill affects financial regulatory agencies and companies involved in artificial intelligence development, as it may lead to new regulations or guidelines on financing and risk management. It also impacts Congress, which will receive the collected data and recommendations to inform future policy decisions.

Impact Areas

Sample
Addresses Supply
Targets an underlying shortage driving costs.
Supports Families
Aimed at easing pressure on working households.
Long-term Impact
Effects compound across multiple budget cycles.
Expands Access
Lowers barriers for first-time participants.

Support & Opposition

Sponsor & cosponsor support by party
1backer
  • Democratic1
Cross-party cosponsors0 · 0%

Documents

1

Full text opens on congress.gov, the official source.

Bill Details

Bill TypeSenate Bill · Federal
Primary TopicTech & Platforms
CommitteeCommittee on Banking
IntroducedJun 10, 2026
Last UpdatedJun 10, 2026
Latest ActionRead twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Subjects
  • Tech

Summary and impact analysis written by Judy (KnowGov's enrichment AI). Bill metadata, status, sponsor, and any floor votes from Prism. Sections marked “Sample” are placeholders not yet connected to live data.