Latest House Financial Services Subcommittee News & Updates

Washington, March 6 (IANS) Artificial intelligence and deepfake technology are accelerating financial scams in the United States, lawmakers were told, as banks and credit unions warned that criminals are using increasingly sophisticated tools to impersonate victims, manipulate consumers, and steal billions of dollars.During a hearing of the House Financial Services Subcommittee on Financial Institutions, lawmakers examined the growing threat of fraud and scams targeting American families, senior…