Modernize federal financial regulators' technology systems and require regular assessments and reporting on those systems.

The legislation aims to modernize technology systems within federal agencies responsible for regulating banks and credit unions, enhancing their capacity for effective supervision and oversight. The FUTURES Act will enhance the ability of regulatory agencies to conduct thorough supervision and ensure the safety and soundness of the financial system. The legislation will address the critical need for modernization by requiring: Comprehensive Technology Assessments ... Advanced Reporting Requirements ...

Stutzman introduced the FUTURES Act to modernize technology systems at federal financial regulators and require periodic technology assessments and reports to Congress.

REP. STUTZMAN AND REP. FOSTER INTRODUCE THE FUTURES ACT | Representative Marlin Stutzman
primary · press_release · model gpt-5.4-mini

"The modernization of the regulatory technology our American financial systems rely on is essential. The FUTURES Act will help Congress better understand the red tape keeping our regulators in the past while our financial institutions race into the future."

Stutzman says his FUTURES Act will modernize financial regulatory technology and improve Congress's understanding of regulatory bottlenecks.

REP. STUTZMAN’S BIPARTISAN FUTURES ACT UNANIMOUSLY PASSES HOUSE FINANCIAL SERVICES COMMITTEE | Representative Marlin Stutzman
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Stutzman and Foster introduced the FUTURES Act to modernize technology systems within federal agencies responsible for regulating banks and credit unions, with assessments and recurring reporting requirements.

Introduced legislation to modernize federal financial regulators' technology systems and require ongoing assessments and reporting.

REP. STUTZMAN AND REP. FOSTER INTRODUCE THE FUTURES ACT
primary · press_release · model gpt-5.4-mini