Sen. Mark Warner, a Democrat from Virginia, put forward draft legislation known as the AI Agent Act. The bill seeks to establish governance over the growing use of artificial intelligence agents. In response, the American Fintech Council announced its support for the measures. The standards organization highlighted the necessity of regulation tailored to the specific challenges posed by these AI systems in the fintech space. Reports indicate the council views such rules as essential for proper oversight. The legislation is still in its draft stage according to the coverage.