WASHINGTON–The Senate Committee on Banking, Housing, and Urban Affairs will host a hearing today titled “Artificial Intelligence in Financial Services.”
The hearing comes as Congress has been attempting to create a framework for regulations around AI, with many in Congress saying the usually slow body does not want to be left behind the curve in the same way it has been when it comes to social media. The AI industry itself has also been urging rules be put in place.
The witnesses set to appear before the hearing today include:
- Melissa Koide, director and CEO, FinRegLab, former deputy assistant secretary for consumer policy, U.S. Department of the Treasury
- Daniel Gorfine, founder & CEO, Gattaca Horizons, LLC, adjunct professor of Law, Georgetown University, former chief innovation officer, Commodity Futures Trading Commission
- Professor Michael Wellman, University of Michigan, computer science & engineering.
The full committee hearing is to begin at 10 a.m.
CUToday.info has been running a series on artificial intelligence and its implications for credit unions, the latest installment of which can be found here.
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