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S5358SecurityIn Committee

A bill to amend the Financial Stability Act of 2010 to provide the Financial Stability Oversight Council with duties regarding artificial intelligence in the financial sector, and for other purposes.

Introduced
Aug 6, 2026
11 days ago
Last Action
Aug 6, 2026
11 days ago
1Bill Sponsor
1Bill Co-Sponsors
0Traction
1Months in Committee

Bill Summary

Requires the Financial Stability Oversight Council to oversee and address the use of artificial intelligence in the financial sector. Establishes the council's duties related to AI in finance.

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Sponsored By

Mark R. Warner
Democrat · Virginia · Senate

Support By Party

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0%Bipartisan
Republican0
Democratic1
Bipartisan0 · 0%

Bill Journey

  1. Aug 6, 2026
    Sen. Mark R. Warner (D-VA)
  2. Committee on Banking
  3. Aug 6, 2026You Are Here

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

  4. TBD

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

  5. TBD

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

  6. 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 institutions and companies that use artificial intelligence in their operations, as they will be subject to the council's oversight and guidance. It also impacts the Financial Stability Oversight Council, which will take on new responsibilities related to AI in the financial sector.

Cosponsors (1)

The member list hasn't been captured yet — see the full list on congress.gov.