Senator Reintroduces AI Regulation Bill During First Hearing as Chair of Subcommittee

Senator reintroduces AI regulation bill during first hearing as chair of subcommittee

“We need regulatory frameworks that both support innovation and protect consumers,” Rounds said.

Senator Reintroduces Bill to Create AI Regulatory Sandbox for Financial Services

A bipartisan bill to establish regulatory sandboxes for artificial intelligence (AI) experimentation in financial services took center stage at a Senate subcommittee hearing Wednesday (July 30), as lawmakers weighed how to balance AI-driven innovation with oversight. [contact-form-7] Sen. Mike Rounds (R-S.D.), who chairs the Senate Subcommittee on Securities, Insurance, and Investment, announced the reintroduction of the “Unleashing AI …