,,iv  #aai? ,,congress  #b;d ,session   
,h4 ,,res4 #ajjg  ,,9 ,,! ,,h\se ,,(    
,,repres5tatives  ,janu>y #af1 #bjbf,mr4
 ,/eil 7= himself & ,mr4 ,lyn*7 submitt$
 ! foll[+ resolution2 :i* 0 ref]r$ to ! 
,committee on ,f9ancial ,s]vices        
,,resolution  ,express+ ! s5se ( ! ,h\se
 ( ,repres5tatives ) respect to ! use ( 
artificial intellig5ce 9 ! f9ancial     
s]vices & h\s+ indu/ries4  ,:]eas       
g5]ative artificial intellig5ce 7,,ai7  
has ! pot5tial to provide significant   
opportunities z well z risks across !   
f9ancial s]vices & h\s+ indu/ries2      
,:]eas ,,ai is play+ a significant role 
9 ! f9ancial s]vices & h\s+ indu/ries & 
cont9ues to be adopt$ 9 v>i\s =ms2      
,:]eas regulatory ag5cies %\ld exp& k ( 
gov]nance & regulatory be/ practices )  
respect to ,,ai2 ,:]eas ! ,unit$ ,/ates 
capital m>kets m>ket p>ticipants are    
lev]ag+ ,,ai to enhance rese>*          
capabilities1 m>ket surveillance1 &     
trad+ & execution2 ,:]eas ! ,unit$      
,/ates h\s+ m>ket p>ticipants are us+   

,,ai to enhance und]writ+1 mortgage     
s]vic+1 & t5ant scre5+2 ,:]eas ,unit$   
,/ates f9ancial in/itutions are explor+ 
! use ( ,,ai to enhance cu/om] s]vice   
capabilities1 exp& ! pool ( loan        
applicants1 increase repaym5t rates1 &  
decrease fraudul5t paym5ts2 ,:]eas      
,unit$ ,/ates f9ancial firms are lev]ag+
 ,,ai to /reaml9e compliance ) ! ,bank  
,secrecy ,act & sanctions laws z well z 
enhance cyb]security op]ations f evolv+ 
?reats2 ,:]eas ! use ( g5]ative ,,ai is 
enhanc+ bo? employee productivity &     
consum] exp]i5ces across ! f9ancial     
s]vices & h\s+ indu/ries2 ,:]eas        
regulators %\ld und]/& any f9ancial     
/ability risks relat$ to f9ancial       
in/itutions' gr[+ use ( ,,ai1 includ+   
:e!r su* use increases h]d+ behavior2   
,:]eas ,,ai c be exploit$ by malici\s   
actors2 ,:]eas ! use ( ,,ai 9 automat$  
decision-mak+ does n relieve f9ancial   
in/itutions f _! obligations "u         
anti-discrim9ation laws1 & may lead to  
expla9ability *all5ges due to !         

complexity & opacity ( c]ta9 ,,ai       
models2 ,:]eas small community f9ancial 
in/itutions1 su* z rural depository     
in/itutions1 m9ority depository         
in/itutions1 & community developm5t     
f9ancial in/itutions may lack ! res\rces
 to develop1 tra91 & deploy ,,ai models 
comp>$ to l>g] in/itutions2 ,:]eas      
f9ancial in/itutions' use ( ,,ai may    
increase _! direct & indirect reliance  
on ?ird-p>ty s]vices2 & ,:]eas ,,ai has 
! pot5tial ( unlock+ valuable new use   
cases = f9ancial s]vices & h\s+ "u      
risk-bas$ gu>drails3 ,n[1 !re=e1 be x   
,t x is ! s5se ( ! ,h\se (              
,repres5tatives t-- 7#a7 giv5 ! critical
 role ( ! f9ancial & h\s+ m>kets1 !     
,committee on ,f9ancial ,s]vices ( !    
,h\se ( ,repres5tatives %\ld play a     
lead+ role 9 mak+ public policy reg>d+ !
 adoption ( ,,ai 9 ! f9ancial s]vices & 
h\s+ indu/ries2  7#b7 ! ,committee on   
,f9ancial ,s]vices %\ld consid] h[ to   
promote a dynamic1 pro-consum]1         
pro-inve/or1 & pro-innovation culture = 

,,ai across ! f9ancial s]vices & h\s+   
indu/ries2  7#c7 ! ,committee on        
,f9ancial ,s]vices mu/ ensure regulators
 apply & en=ce exi/+ laws1 includ+      
anti-discrim9ation laws1 & assess       
regulatory gaps & ineffective           
regulations z m>ket p>ticipants adopt   
,,ai2  7#d7 ! ,committee on ,f9ancial   
,s]vices %\ld support regulators assess+
 ! impact on innovation & co/           
effectiv5ess be=e issu+ ,,ai-relat$     
rules2  7#e7 ! ,committee on ,f9ancial  
,s]vices mu/ ensure any regulatory      
framework relat$ to ,,ai does n         
disproportionately burd5 small] firms2  
7#f7 ! ,committee on ,f9ancial ,s]vices 
%\ld ensure ! f9ancial regulators h !   
appropriate focus & tools to ov]see new 
products & s]vices2  7#g7 ! ,committee  
on ,f9ancial ,s]vices %\ld cont9ue to   
evaluate ,/ate laws & consid] re=ms to  
privacy laws = f9ancial in/itutions &   
firms giv5 ! importance ( f9ancial data 
to ,,ai2  7#h7 ! ,committee on ,f9ancial
 ,s]vices %\ld cont9ue to consid] h[ to 

/r5g!n cyb]security /&>ds = ,,ai sy/ems2
  7#i7 ! ,committee on ,f9ancial        
,s]vices %\ld "w ) f9ancial regulators  
to und]/& ,,ai's impact on ! work=ce2   
7#aj7 ! ,committee on ,f9ancial ,s]vices
 %\ld ensure ,unit$ ,/ates global       
lead]%ip on ,,ai developm5t & use2 &    
7#aa7 ! ,committee on ,f9ancial ,s]vices
 %\ld safegu>d taxpay] int]e/s z em]g+  
te*nologies cont9ue to evolve4