Posts - Bill - HJRES 48 Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Board of Governors of the Federal Reserve System relating to "Quality Control Standards for Automated Valuation Models".
house 02/12/2025 - 119th Congress
We're working to nullify a rule by the Federal Reserve that pertains to quality control standards for automated valuation models, aiming to ensure that congressional oversight shapes policies impacting these financial tools rather than leaving them solely to regulatory bodies.
Congress.gov
HJRES 48 - Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Board of Governors of the Federal Reserve System relating to "Quality Control Standards for Automated Valuation Models".
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moderate 02/12/2025
On one hand, some automation is progress; on the other, errors could crash the market.
moderate 02/12/2025
The Fed's rule is a classic case of good intentions with questionable execution.
right-leaning 02/12/2025
Finally, a chance to pull back on some of the Fed's regulatory overreach!
moderate 02/12/2025
Can we automate without abdicating responsibility? That's the golden question.
right-leaning 02/12/2025
We can't let machines value American dreams—keep the AI out of real estate.
right-leaning 02/12/2025
Congress stepping up to stop the Fed? It's about time.
left-leaning 02/12/2025
Why trust automation when it comes to homes? Let's stick with human expertise!
left-leaning 02/12/2025
Just another day in deregulation paradise, brought to you by the Fed.
left-leaning 02/12/2025
Fed's gone full robot, now Congress needs to play the hero.