Marlin A. Stutzman

Mr. Speaker, I thank the gentlewoman from Texas for yielding me time.

Mr. Speaker, I also rise in support of my bill, H.R. 8278.

Across the country, banks and credit unions are using innovative technology to deliver better products and services for their customers.

For example, banks in Northeast Indiana are using tools like artificial intelligence and real-time data analytics to spot fraud faster, better manage risk, and enhance the banking experience for Hoosiers. But too often, the regulators charged with overseeing and supervising these institutions still rely on outdated IT infrastructure from a predigital era.

This gap poses significant risks not just for our financial markets but for the entire economy.

As our banks and credit unions continue to innovate at a record pace, our regulators must have the tools to keep up.

That is where the FUTURES Act comes in.

My bill requires Federal bank and credit union regulators to assess the technology systems they use for supervision, evaluate their procurement practices, and report to Congress on where they are struggling and how they can improve.

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 is talent gaps, procurement barriers, or technological blind spots, Congress needs to understand the red tape that is keeping government in the past while the financial system races into the future.

In fact, we already require this kind of information from the institutions our regulators supervise. Banks and credit unions must undergo quarterly technology reviews, internal testing, and rigorous due diligence on every vendor that they use. It is only fair that we hold their regulators to the same standard.

The FUTURES Act is a straightforward, commonsense, and bipartisan step to address the critical technology challenges facing our regulators.

This legislation was advanced unanimously by the House Committee on Financial Services, sending a clear message that both Republicans and Democrats recognize that supervision must keep pace with innovation.

I am grateful to my colleague across the aisle, Bill Foster, for co- leading this legislation with me. I also thank Chairman Hill and Chairman Steil for their continued support of this measure, as well as thanking the full committee.

Mr. Speaker, I urge my colleagues to support this bill.

Mr. Speaker, as co-chair of the Congressional Slovak Caucus, I rise today to recognize Slovakia's Constitution Day, marking 33 years as a sovereign state.

The U.S.-Slovakia relationship rests on shared democratic values and security interests.

Today, Slovakia is a vital U.S. partner and NATO ally, but this friendship began more than a century ago.

During World War I, the United States stood with Slovak's democratic aspirations and later welcomed the creation of an independent Slovakia in 1993.

Today, nearly 1 million Americans proudly claim Slovak ancestry, including many in my district in northeast Indiana. Our relationship carries renewed momentum today in energy security, economic cooperation, and defense partnerships, including the partnership between the Slovak Armed Forces and the Indiana National Guard.

Mr. Speaker, I wish the people of Slovakia a happy Constitution Day, and may the United States and Slovakia continue to stand together for generations to come.

Mr. Speaker, I rise today to recognize Mr. Cary Grant for his remarkable testimony of faith and unwavering determination.

This past Sunday, Cary preached his first sermon in American Sign Language at Deaf Michiana Mission Church in South Bend, Indiana, nearly 8 years after losing his ability to speak because of a neurological disease.

After delivering his final verbal sermon on July 2, 2018, many thought his opportunity to preach had come to an end.

Instead, through faith, perseverance, and learning American Sign Language, Cary found a new way to continue sharing the gospel.

A regular attendee of Grace Bible Church where his son, Kyle Grant, pastors, Cary has inspired his community through his resilience and steadfast trust in the Lord. His journey reminds us that challenges can become opportunities to glorify God and serve others.

Mr. Speaker, I congratulate Cary on this incredible milestone. He has been such an inspiration in his return to preaching God's Holy Word. I wish him God's continued blessings as he continues sharing his message.