World Finance Informs

The US House of Representatives passed the FUTURES Act on 15 September 2026 by a sweeping 417-7 vote, advancing legislation that would require federal financial agencies to conduct thorough assessments of their technology capabilities and report their findings to Congress. The bill, formally titled the Fostering the Use of Technology to Uphold Regulatory Effectiveness in Supervision Act and designated H.R. 8278, was co-sponsored by Reps. Marlin Stutzman and Bill Foster. The FUTURES Act does not immediately deploy new systems or mandate specific technology purchases. Instead, it establishes a structured framework of assessment, reporting and planning designed to give Congress a...