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Foster bill would bolster tech use to monitor AI financial risks
Why it’s here: A House Financial Services member's draft bill directing the Federal Reserve to develop AI-enabled supervisory software addresses AI-driven financial and cybersecurity risk, a live federal legislative matter.
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9d agoRoll CallFoster bill would bolster tech use to monitor AI financial risksRep. Bill Foster released a draft bill directing the Federal Reserve and other regulators to build and publish open-source software models for real-time financial risk monitoring amid AI-driven threats.1 outletAI5 linked
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About
- Bill Foster
- Federal Reserve
- House Financial Services Committee