Expressing the sense of the House of Representatives with respect to the use of artificial intelligence in the financial services and housing industries.

HRES 1600 is a non-binding resolution expressing the House of Representatives' view on artificial intelligence (AI) in financial services and housing. It highlights AI's growing use for tasks like mortgage underwriting and fraud detection, while noting risks including bias, security vulnerabilities, and resource gaps for small institutions. The resolution urges the House Financial Services Committee to lead oversight, ensure existing anti-discrimination laws are enforced with AI, and address regulatory gaps. It specifically calls for the committee to examine AI's impact on workforce, data privacy, and U.S. global leadership in AI. This resolution does not create new laws but directs committee action on AI oversight.