Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Lawmakers and experts warn agentic AI could accelerate bank runs; urge regulators to study implications
Summary
Members and witnesses told a House subcommittee that agentic AI may speed trading and deposit outflows, increasing volatility and the risk of seconds‑scale runs; experts recommended stress‑testing, better liquidity tools and data before easing capital constraints.
Multiple members raised the potential for artificial intelligence to change the tempo of financial markets and deposit behavior, and several witnesses told the Subcommittee on Financial Institutions they view AI as a near‑term systemic risk.
Ranking Member Dr. Foster framed the risk directly: agentic AI could enable runs at "the speed of AI rather than the speed of Internet gossip," shifting the time horizon for…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
