Oversight Committee

• The House Financial Services Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence, chaired by Rep. Bryan Steil (WI-01), held a hearing on March 26 to examine how federal agencies are addressing emerging technologies. • The hearing explored how Congress can support responsible innovation while ensuring strong oversight and accountability as AI technologies continue to advance rapidly. • Regulators testified on strategies to keep pace with technology innovation speed, highlighting the gap between regulatory evolution and market velocity.

• The House Committee on Oversight and Government Reform advanced nine bills on March 19, 2026, to safeguard American taxpayers and ensure efficient use of federal funds. • Key measures include H.R. 7934 requiring agencies to publish settlement agreements online, doubling whistleblower cash awards to $20,000, and mandating Treasury reports on fiscal risks from crises amid $38 trillion debt. • Legislation reforms FFATA for accurate USAspending.gov data and recognizes special districts for federal aid, addressing unreported funds including national security spending.

House Committee on Oversight and Government Reform Chairman James Comer (R-Ky.) announced a full committee markup on Wednesday, March 18, 2026, at 10:00am ET, to consider multiple bills aimed at protecting taxpayer dollars and improving government accountability. The legislation includes reforms to the Federal Funding Accountability and Transparency Act (FFATA) requiring annual reporting on unreported funds, including national security spending, and mandates federal agencies to publish settlement agreement details like dates, payments, and attorney fees in public databases. These measures address long-standing concerns over inefficient federal spending and lack of transparency, potentially saving billions by ensuring accurate data on USAspending.gov. The Special District Fairness and Accessibility Act would also define special districts in law and require OMB guidance for their eligibility for federal grants.