Regulatory Oversight, Trump Administration, Innovative Technology

AI Reporter - August 2025

Benesch on 8/11/2025

The United States Senate’s 99-1 vote to lift a 10-year ban on state-level AI regulation marked a major shift in tech policy, challenging efforts by companies like OpenAI and Google to maintain uniform federal oversight. The...more

With New Action Plan, White House Launches AI "Space Race"—What Banks Should Know

Jones Day on 8/4/2025

The White House has issued an AI Action Plan that aims to position the United States as the leader in artificial intelligence ("AI"), as part of a broader pattern of boosting innovation and reducing regulatory burden, with...more

Federal “Temporary Pause” of State AI Laws Clears Procedural Hurdle as Sides Draw Battle Lines

Troutman Pepper Locke on 6/26/2025

One of many provisions in the “One Big Beautiful Bill Act,” passed by the U.S. House of Representatives, would place a 10-year “temporary pause” on states’ ability to regulate artificial intelligence (AI). Initially called a...more

NAIC Responds to Proposed 10-Year Moratorium on State Regulation of AI in One Big Beautiful Bill Act

Troutman Pepper Locke on 6/10/2025

There is a proposed 10-year moratorium on the enforcement of state laws that regulate artificial intelligence (AI) contained in Section 43201(c) of H.R.1 – One Big Beautiful Bill Act. ...more

New Executive Order Issued on AI; Prior AI Order Revoked

Littler on 1/28/2025

Among the blizzard of executive orders issued following his inauguration, President Trump revoked former President Biden’s executive order addressing artificial intelligence (AI). A few days later, on January 23, 2025,...more

National Bank Charters for Fintech Companies

Orrick, Herrington & Sutcliffe LLP on 12/12/2016

"Technology-based products and services are the future of banking and the economy." "What excites me most about the changes occurring in financial services is the great potential to expand financial inclusion, reach...more