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House Financial Services Committee Reports: June 24, 2026

Original title: REPORTS OF COMMITTEES ON PUBLIC BILLS AND RESOLUTIONS

Record date · June 24, 2026

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What This Bill Does

The House Financial Services Committee, led by Mr. Hill of Arkansas, formally reported six bills to the House floor for consideration. These bills address artificial intelligence in finance, elder fraud, Federal Reserve mandates, and securities disclosure requirements.

Why it matters

These committee reports advance six pieces of legislation to the House floor, setting the stage for potential votes that could change how federal agencies regulate AI, investigate financial fraud, and manage the Federal Reserve's employment mandate.

Background
  • Mr. Hill is a U.S. Representative from Arkansas serving on the House Financial Services Committee. context
  • The Congressional Record is the official record of the proceedings and debates of the U.S. Congress. context

Who It Affects

Groups the bill's text affects, as described in the record. Being affected is not a position for or against it.

Directly affected

Federal Reserve System

The bill H.R. 5396 would remove its legal mandate to focus on maximum employment.

Directly affected

State, local, and Tribal law enforcement agencies

H.R. 2978 would authorize them to use federal grant funds for investigating specific types of financial fraud.

Directly affected

Public companies

H.R. 8286 would change disclosure requirements and create a new advisory committee that impacts their regulatory environment.

Key Facts

You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.

Frequently Asked Questions

What is the 'maximum employment' mandate mentioned in H.R. 5396?
It is a current requirement for the Federal Reserve to focus on achieving alongside stable prices; H.R. 5396 seeks to remove this specific mandate.
What are 'AI Innovation Labs'?
Proposed in H.R. 4801, these are environments where certain entities could experiment with artificial intelligence without the risk of facing enforcement actions.

What else do you want to know?

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Full breakdown

Who this bill affects and the strongest case for and against it, written only from the bill’s own text.

Discoveries

1 pattern noticed across the record

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

policy shift90% confidence

AI Regulatory Focus

The committee is simultaneously pushing for AI defense strategies (H.R. 2152) and AI experimentation 'safe harbors' (H.R. 4801), indicating a dual-track approach to AI policy.

H.R. 2152H.R. 4801

Connected Entities

Federal Reserve System, Committee on Financial Services, Mr. Hill
OrganizationFederal Reserve System“Subject of H.R. 5396 regarding its policy mandates.”Map →
OrganizationCommittee on Financial Services“The House committee responsible for reporting these bills.”Map →
PersonMr. Hill“Representative from Arkansas who reported the bills on behalf of the Committee o”Map →

Sources

Open source document

www.govinfo.gov

Analysis Score

0–100
  • Significance80
    How much this matters to a regular citizen
  • Controversy60
    Intensity of disagreement among stakeholders
  • Entertainment10
    Compellingness for a non-policy-wonk reader
  • Buzz30
    Current news / social attention level

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