On July 30, Unleashing AI Innovation in Financial Services Act, a bipartisan, bicameral bill was reintroduced to “establish regulatory guardrails at financial regulatory agencies for regulated entities to test AI projects.”...more
Welcome to this week's issue of AI: The Washington Report, a joint undertaking of Mintz and its government affairs affiliate, ML Strategies.
The accelerating advances in artificial intelligence (“AI”) and the practical,...more
10/13/2023
/ Adverse Action Report ,
Algorithms ,
Artificial Intelligence ,
Automation Systems ,
Consumer Financial Protection Bureau (CFPB) ,
Consumer Protection Act ,
Dodd-Frank ,
ECOA ,
Federal Trade Commission (FTC) ,
Financial Institutions ,
Machine Learning ,
Mortgage Loan Originators ,
Proposed Rules ,
Regulation B ,
Rulemaking Process