House Financial Services Committee news and trends

House Hearing Spotlights Banking’s AI Promise and Pitfalls
Banking // September 19, 2025

Five witness told a House Financial Services subcommittee that AI is already changing the face of banking, improving back office operations and customer-facing interactions, but caution must govern use of the advanced technology in credit scoring and amid third-party vendor risks. Get the Full Story...

Risk Experts Tell Congress Banks Need to Unify Against Fraud
Fraud Prevention // September 18, 2025

Fraudsters, aided by advanced technologies, pose a pervasive and escalating threat to the financial system, financial services and risk experts told lawmakers on Capitol Hill Thursday (Sept. 18). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

16 Financial Services Bills Advance for Consideration by House
Politics // July 25, 2025

The House Financial Services Committee said Thursday (July 24) that it advanced 16 bills to be considered by the full House of Representatives. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

House Passes Crypto AML/CFT Bill and 11 Others
Regulation // July 24, 2025

The Financial Technology Protection Act (H.R. 2384) was one of 12 financial services bills passed this week by the House of Representatives. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Interviews & Exclusives
Risk Experts Tell Congress Banks Need to Unify Against Fraud

September 18, 2025
Fraudsters, aided by advanced technologies, pose a pervasive and escalating threat to the financial system, financial services and risk experts told lawmakers on Capitol Hill Thursday (Sept. 18). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to […]

Fed’s Powell Tells House Committee Tariff-Based Inflation Will ‘Show Up’

June 24, 2025
Federal Reserve Chair Jerome Powell told Congress on Tuesday (June 24) that higher tariffs will likely lead to higher prices down the line – though when, and how much of,...

Derailed House Hearing Leaves Crypto Market Structure Hanging in Balance

May 06, 2025
Donald Trump promised to transform the U.S. into the “crypto capital of the planet,” and he will need cryptocurrency legislation for his administration to do it. Get the Full Story Complete...

State Regulators Push Back on Proposed Federal Control of Stablecoin Industry

April 08, 2025
Crypto’s biggest success story, after a litany of industry failures, has been stablecoins. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Quick Reads
Lawmakers Ask Regulators to Abandon ‘One-Size-Fits-All’ Approach to Banks

November 26, 2025
Republican members of the House Financial Services Committee have asked federal banking regulators to reconsider the application of Enhanced Prudential Standards (EPS) for banks with between $100 billion and $250 billion in assets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no […]

16 Financial Services Bills Advance for Consideration by House

July 25, 2025
The House Financial Services Committee said Thursday (July 24) that it advanced 16 bills to be considered by the full House of Representatives. Get the Full Story Complete the form...

House Passes Crypto AML/CFT Bill and 11 Others

July 24, 2025
The Financial Technology Protection Act (H.R. 2384) was one of 12 financial services bills passed this week by the House of Representatives. Get the Full Story Complete the form to...

Lawmakers Want More Information From Banks About Zelle Payments

July 03, 2025
Three members of Congress said Thursday (July 3) that they sent a letter to each of the banks that own the Zelle peer-to-peer (P2P) payment platform, asking what those banks...