by Eric J. Ellman | Sep 10, 2024
In August 2024, the CFPB filed a comment to the Treasury Department in connection with the Department’s RFI on Uses, Opportunities, and Risks of Artificial Intelligence in the Financial Services Sector. All comments are available online. Of note, the Bureau...
by Eric J. Ellman | Sep 4, 2024
In 2024, the California legislature passed S.B. 1047, a bill by Sen. Scott Wiener with Sens. Roth, Rubio, and Stern. The new law is the Safe and Secure Innovation for Frontier Artificial Intelligence Models Act. According to the official summary: Existing law requires...
by Eric J. Ellman | Jul 23, 2024
the Congressional Hispanic Caucus Chair Nanette Barragán (CA-44) and CHC Deputy Chair Adriano Espaillat (NY-13) will host a roundtable “that will foster dialogue to ensure that Artificial Intelligence (AI) policies and advancements reflect and address Hispanic...
by Eric J. Ellman | Jul 22, 2024
In July 2024, the U.S. House Financial Services Committee held a hearing, AI Innovation Explored: Insights into AI Applications in Financial Services and Housing. In advance of the hearing, the committee staff issued a memorandum. Witnesses: Mr. John Zecca, Executive...