Congress news and trends

House Report Finds 1,800% Increase in Fraud Losses Since 1997

July 22, 2026
House Financial Services Committee, stablecoins, CBDC, regulations
House Passes Federal Tech Procurement Bill Without Senate Backing
Legal & Regulation // July 21, 2026

The House passed a bill Monday (July 20) that its supporters said would improve federal technology procurement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...

House Votes to Kill Penny and Prohibit Firearm Merchant Category Codes
Legal & Regulation // July 15, 2026

The House of Representatives passed bills Tuesday (July 14) that formally end production of the penny, reform the bank acquisition process and prohibit merchant category codes that specifically identify firearms retailers. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

House Bill Would Require Frontier AI Developers to Report Dangerous Activity
Artificial Intelligence // June 25, 2026

A bill introduced Thursday (June 25) in the U.S. House would require developers of frontier artificial intelligence (AI) models to report the models’ dangerous capabilities, security breaches and safety incidents to the Secretary of Commerce. Get the Full Story Complete the form to unlock this...

AML Debate Shifts From Transactions to Hidden Networks
AML // June 09, 2026

The title of Tuesday’s House Financial Services Oversight and Investigations Subcommittee hearing pointed toward Chinese money laundering networks and cartel financing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Interviews & Exclusives
AML Debate Shifts From Transactions to Hidden Networks

June 09, 2026
The title of Tuesday’s House Financial Services Oversight and Investigations Subcommittee hearing pointed toward Chinese money laundering networks and cartel financing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing […]

House Hearing Puts AI Fraud at Center of AML Overhaul

May 21, 2026
Criminals are not waiting for regulators to modernize anti-money laundering rules, and that asymmetry shaped a House hearing that exposed a larger divide than where to set reporting thresholds. Get...

Congressional Hearing Exposes New Fault Line Over Who Owns Financial Data

March 17, 2026
Financial data now circulates through banks, FinTech platforms and intermediaries in ways that stretch beyond the structure of existing privacy law, banking and FinTech executives said Tuesday (March 17), raising...

GENIUS Act Rides Stablecoin Momentum as Senate Clears Path for Crypto Regulation

June 17, 2025
U.S. President Donald Trump, who has referred to himself as America’s first “crypto president,” wanted stablecoin legislation to reach his desk prior to the Congressional recess in August. Get the...

Quick Reads
House Report Finds 1,800% Increase in Fraud Losses Since 1997

July 22, 2026
A new report by House Republicans argues that fraud and scams have reached “unprecedented” levels. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive […]

House Passes Federal Tech Procurement Bill Without Senate Backing

July 21, 2026
The House passed a bill Monday (July 20) that its supporters said would improve federal technology procurement. Get the Full Story Complete the form to unlock this article and enjoy...

House Votes to Kill Penny and Prohibit Firearm Merchant Category Codes

July 15, 2026
The House of Representatives passed bills Tuesday (July 14) that formally end production of the penny, reform the bank acquisition process and prohibit merchant category codes that specifically identify firearms...

House Bill Would Require Frontier AI Developers to Report Dangerous Activity

June 25, 2026
A bill introduced Thursday (June 25) in the U.S. House would require developers of frontier artificial intelligence (AI) models to report the models’ dangerous capabilities, security breaches and safety incidents...