Bills · HR 8278
PASSED HOUSE· 119TH CONGRESS
House BillHR 8278Intergovernmental relationsTechnology transfer and commercialization
Fostering the Use of Technology to Uphold Regulatory Effectiveness in Supervision Act
This bill requires federal banking regulators to assess their technology and hiring practices to ensure they can keep pace with high-tech financial markets and AI.AI-written
INTRO APR 14· LAST ACTION SEP 16
PASSAGE CHANCESUNCERTAIN
25%
READING
6MIN
COSPONSORS
1
READER REACTIONS0 TOTAL
NO VOTES YET · BE THE FIRST
- Introduced only
tl;dr
AI-writtenForces federal financial regulators to audit their outdated computer systems and report to Congress on how they will use new technology to monitor banks and catch financial crimes in real-time.
LEGISLATIVE PROGRESS
STEP 4 / 8Introduced
In Committee
Reported
Passed House
Passed Senate
Conference
To President
Became Law
WHAT THE BILL DOES
AI-writtenWhen regulators use outdated technology, they might miss warning signs of a bank failing or fail to spot complex financial fraud. In a world where financial markets move in milliseconds and use artificial intelligence, using slow, paper-heavy, or manual processes creates a safety risk for the entire economy. If this becomes law, it forces the government to modernize its oversight, potentially making the banking system more secure and better at catching illegal activity.
KEY PROVISIONS
3AI-extractedPROVISION 01
Requires agencies to assess their technology for conducting real-time oversight within 180 days.
It forces agencies to immediately identify specific technical gaps that prevent them from seeing what is happening in the markets right now.
PROVISION 02
Mandates a review of procurement practices used to buy or develop new tech systems.
Government buying processes are often slow and outdated; this identifies ways to buy and test new technology faster.
PROVISION 03
Requires a joint report to Congress every five years on technology trends and workforce needs.
This ensures transparency and holds agencies accountable for keeping their staff's skills and their software up to date with private-sector advancements like AI.
SPONSORSHIP
1 + 1
R· Indiana
YRS IN OFFICE
15
BILLS LED
16
COSPONSOR BREAKDOWNBIPARTISAN · 0%
DEM 1 REP 0 IND 0
ACTION TIMELINE
27 EVENTSSEP 16
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
SEP 15
Considered as unfinished business. (consideration: CR H5822-5823)
SEP 15
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 417 - 7 (Roll no. 302). (text: CR H5605)
SEP 15
On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 417 - 7 (Roll no. 302). (text: CR H5605)
BILL INFO
TypeHouse Bill
NumberHR 8278
Congress119th
StatusPassed House
IntroducedApr 14, 2026
Last actionSep 16, 2026
READER REACTIONS
OVERALL SENTIMENT
No reactions yet. Be the first to weigh in.
Discussion
Loading comments...
PASSED HOUSE· 119TH CONGRESS · FINANCIAL SERVICES COMMITTEE · INTRODUCED APR 14, 2026
House BillHR 8278Intergovernmental relationsTechnology transfer and commercialization
Fostering the Use of Technology to Uphold Regulatory Effectiveness in Supervision Act
This bill requires federal banking regulators to assess their technology and hiring practices to ensure they can keep pace with high-tech financial markets and AI.AI-written
INTRODUCED APR 14, 2026· LAST ACTION SEP 16, 2026
PASSAGE CHANCES
25%
READING
6 min
COSPONSORS
1
COMPLEXITY
Moderate
