HR1642: Expressing the sense of the House of Representatives that Congress must refuse to provide any additional funds or exceptional regulatory support to companies or financial institutions facing insolvency or financial collapse due to exposures to acute stress within the artificial intelligence market and must provide support to all harmed Americans instead.

What the bill says

From the introduced text, October 29, 2026:

IV 119th CONGRESS 2d Session H. RES. 1642 IN THE HOUSE OF REPRESENTATIVES October 29, 2026 Mr. Casar (for himself, Ms. Waters , Ms. Schakowsky , Mr. Garc a of Illinois , Ms. Tlaib , Mrs. Ramirez , Mr. Carson , Mr. Davis of Illinois , Mr. Deluzio , Mr. Sherman , Mrs. Foushee , Ms. Jayapal , and Ms. Mejia ) submitted the following resolution; which was referred to the Committee on Financial Services , and in addition to the Committees on the Judiciary , and Education and Workforce , for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned RESOLUTION Expressing the sense of the House of Representatives that Congress must refuse to provide any additional funds or exceptional regulatory support to companies or financial institutions facing insolvency or financial collapse due to exposures to acute stress within the artificial intelligence market and must provide support to all harmed Americans instead. Whereas excessive, profit-driven financial risk-taking, fueled by Wall Street's speculative fervor and unleashed by years of zealous deregulation, led to the 2008 global financial crisis; Whereas the economic harm of a multi-trillion-dollar housing bubble caused by predatory lending, reckless financialization and securitization, and off-balance-sheet lending led to a massive surge …

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Sponsors

• Greg Casar (D, 35) · primary sponsor
• Maxine Waters (D)
• Janice Schakowsky (D, HD-009)