# House Passes FUTURES Act to Modernize Financial Regulators

The U.S. House of Representatives has passed the FUTURES Act (H.R. 8278), legislation aimed at modernizing technology and procurement processes at key federal financial regulatory agencies including the Federal Reserve, CFPB, FDIC, FHFA, and NCUA. The Act mandates comprehensive assessments of current technical capabilities and procurement barriers, requiring agencies to develop and implement plans to address technology gaps and improve recruitment and training of technical experts. This initiative seeks to enhance regulatory effectiveness and cybersecurity resilience in the financial sector by enabling agencies to keep pace with rapid technological developments.

- **Key agencies affected:** Federal Reserve, Consumer Financial Protection Bureau, Federal Deposit Insurance Corporation, Federal Housing Finance Agency, National Credit Union Administration
- **Procurement implications:** Agencies will likely increase demand for advanced regulatory technology solutions, cybersecurity tools, and technical workforce support services
- **Why this matters:** Procurement professionals should prepare for upcoming solicitations focused on technology modernization and workforce development within financial regulatory bodies
- **Actionable insight:** Vendors specializing in regulatory technology, cybersecurity, and technical training services can position themselves to support these agencies' modernization efforts as they implement the FUTURES Act mandates

**Jurisdictions:** federal
**Industries:** Information Technology, Professional Services
**Topics:** Regulatory Compliance, Cybersecurity
**Published:** September 16, 2026

### Government Entities
- House of Representatives
- Federal Reserve (Fed)
- Consumer Financial Protection Bureau (CFPB)
- Federal Deposit Insurance Corporation (FDIC)
- Federal Housing Finance Agency (FHFA)

### Key Quotes
> Put simply, we can’t help our regulators modernize their technology for the digital age if we don’t know the challenges that they face, whether it’s talent gaps, procurement barriers, or technological blind spots.
> — Marlin Stutzman, Representative

> Maintenance of a well-regulated financial system requires continual investment in new tools and a workforce with the necessary technical skills and streamlined procurement rules that allow regulators to keep up with rapid developments in the private sector.
> — Bill Foster, Representative

> Just as we hold our financial institutions to rigorous standards on cybersecurity and vendor oversight, we should equip our regulators to meet the same high bars.
> — Monica De La Cruz, Representative

### Sources
- [REP. STUTZMAN’S AI REGULATING FUTURES ACT PASSES HOUSE OF REPRESENTATIVES | Representative Marlin Stutzman](https://stutzman.house.gov/media/press-releases/rep-stutzmans-ai-regulating-futures-act-passes-house-representatives) - Stutzman
- [House passes bill to give financial agencies a technology boost | FedScoop](https://fedscoop.com/house-passes-futures-act-modernize-financial-agencies) - FedScoop