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119th Congress · HR.8671On the floorCongress.gov ↗JSONReport an error

Bank Fraud Technology Advancement Act of 2026

Summary, written by a model from the CRS summary

Directs bank regulators to study how banks and credit unions use advanced fraud detection technology, including the use and governance of AI and machine learning. It also permits a pilot program to help small institutions access these tools.

Model-rated AI relevance 60%.

safetytransparencyprivacy

Data as of: bills Sep 9, 2026 · votes Sep 11, 2026 · statements Sep 9, 2026. What changed

Progress

  1. Introduced

    May 7, 2026

  2. Reported by committee

    May 13, 2026

  3. Passed House

  4. Passed Senate

  5. Became law

Latest action · June 18, 2026

Placed on the Union Calendar, Calendar No. 612.

What members said

Releases that cite this bill first, then releases on the same topics.

Bernard SandersIndependenttoward oversightSep 3, 2026 · same topic

Sanders would permanently ban superintelligent AI and pause advanced AI development until a new federal regulator sets safety rules.

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Raphael WarnockDemocrattoward oversightSep 3, 2026 · same topic

Warnock calls for a statewide moratorium on AI data center construction unless projects guarantee no utility cost hikes, no NDAs, no tax giveaways, and no pollution.

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Eric BurlisonRepublicantoward oversightSep 3, 2026 · same topic

Burlison would bar federal funds for AI-augmented license plate readers and biometric surveillance cameras to protect Fourth Amendment privacy rights.

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Joshua HawleyRepublicantoward oversightSep 3, 2026 · same topic

Hawley is investigating AI surveillance camera companies, arguing Congress never authorized these invasive AI-driven networks and that corporate self-policing is an inadequate safeguard.

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Bill FosterDemocrattoward oversightSep 2, 2026 · same topic

Foster would restore NCUA and FHFA authority over third-party tech vendors because AI makes cyberattacks on the financial system more sophisticated.

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Thomas MassieRepublicantoward oversightSep 2, 2026 · same topic

Massie would bar federal funds for AI-augmented license plate readers and biometric surveillance cameras to stop a government surveillance state.

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Tom BarrettRepublicantoward oversightSep 1, 2026 · same topic

Barrett's bipartisan Doctors Not AI Act would bar AI from making medical-necessity insurance denials and require disclosure of AI use.

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Gabe EvansRepublicanmixedSep 1, 2026 · same topic

Evans promotes American open-source AI leadership against China while adding commonsense consumer guardrails and mandated federal risk assessments of adversary models.

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Bill data read 2026-09-09T02:09:45.522Z