On August 21, the National Institute of Standards and Technology (NIST) released the second draft of its revised Digital Identity Guidance, which NIST first published in 2004 and last revised in 2017.
The draft guidance...more
On August 27, Senator Mike Rounds (R-SD) unveiled five AI bills for Congress to consider when its members return from the August recess on September 8.
Three are stand-alone bills that would promote the use of AI in the...more
In recent elections, health care has been one of the most hot-button issues with consequences for millions of Americans, and this election is no exception. The next administration and the 119th Congress have the potential to...more
8/27/2024
/ Abortion ,
Affordable Care Act ,
Drug Pricing ,
Health Insurance ,
Healthcare ,
Healthcare Reform ,
Inflation Reduction Act (IRA) ,
Medicaid ,
Medicare ,
Presidential Elections ,
Reproductive Healthcare Issues
On August 14, the FTC announced its much-anticipated final rule banning fake reviews and testimonials.
The final rule prohibits the purchase, sale, and dissemination of fake reviews, incentivized reviews, and certain...more
8/23/2024
/ Advanced Notice of Proposed Rulemaking (ANPRM) ,
Artificial Intelligence ,
Celebrity Endorsements ,
Disclosure Requirements ,
Fake Reviews ,
Federal Trade Commission (FTC) ,
Final Rules ,
Popular ,
Social Media ,
Testimonial Statements ,
Unfair or Deceptive Trade Practices
As the 2024 general election draws near, one of the central issues capturing the attention of voters and lawmakers alike is the future of tax policy. With the two presidential candidates offering a range of proposals and...more
8/20/2024
/ Affordable Housing ,
Child Tax Credit ,
Earned Income Credit ,
Electric Vehicles ,
General Elections ,
Inflation Reduction Act (IRA) ,
Presidential Elections ,
Tax Code ,
Tax Cuts and Jobs Act ,
Tax Incentives ,
Tax Policy ,
Tax Rates
On July 31, 2024, the Senate Commerce Committee advanced 10 AI-related bills for consideration in the full Senate.
The bills touch on nearly every facet of the AI ecosystem, from AI standards and requirements to AI...more
On July 23, 2024, the leading competition enforcers in the US, EU, and UK released a Joint Statement on Competition in Generative AI Foundation Models and AI products.
The statement outlines risks to competition that are...more
8/5/2024
/ Artificial Intelligence ,
Competition ,
DOJ Strike Force ,
Enforcement ,
EU ,
European Commission ,
Fair Dealing Exception ,
Federal Trade Commission (FTC) ,
Machine Learning ,
UK ,
UK Competition and Markets Authority (CMA)
On July 11, 2024, Senators Maria Cantwell (D-WA), Marsha Blackburn (R-TN), and Martin Heinrich (D-NM) introduced the Content Origin Protection and Integrity from Edited and Deepfaked Media Act (COPIED Act)....more
President Biden’s October 2023 Executive Order on AI directed various agencies to take certain actions by June 26, 2024 — 240 days after the EO’s issuance.
The 240-day actions involved steps by agencies to strengthen data...more
On June 24, 2024, six federal agencies — the Department of the Treasury (Treasury), the Federal Reserve System (FRS), the Federal Deposit Insurance Corporation (FDIC), the National Credit Union Administration (NCUA), the...more
7/9/2024
/ Artificial Intelligence ,
Automation Systems ,
Dodd-Frank ,
Machine Learning ,
New Rules ,
Popular ,
Property Valuation ,
Proposed Rules ,
Real Estate Market ,
Rulemaking Process ,
Safeguards Rule
Last week, the Secretary of the Treasury released a final proposed rule to implement the Biden administration’s August 2023 Executive Order on outbound investments.
The proposed rule seeks to “prevent countries of concern...more
7/1/2024
/ Advanced Notice of Proposed Rulemaking (ANPRM) ,
Artificial Intelligence ,
CFIUS ,
China ,
Executive Orders ,
Foreign Investment ,
Hong Kong ,
Macau ,
National Security ,
Outbound Transactions ,
Prohibited Transactions ,
Proposed Rules ,
Semiconductors ,
Technology Sector ,
U.S. Treasury
Senators Gary Peters (D-MI) and Thom Tillis (R-NC) introduced the PREPARED for AI Act.
The bill aims to position federal agencies to safely and effectively adopt AI technologies by creating a comprehensive risk-mitigating...more
In early June, the Federal Trade Commission (FTC) and the Department of Justice (DOJ) reached an agreement dividing responsibility over AI oversight. The FTC will oversee competitive concerns relating to major software...more
In May 2024, the Senate Rules and Administration Committee advanced three bills sponsored by Chair Amy Klobuchar (D-MN) on elections and AI out of committee.
These bills include provisions that would prohibit deceptive AI...more
The National Institute of Standards and Technology (NIST) has launched the Assessing Risks and Impacts of AI (ARIA) program, an initiative designed to allow AI developers to submit their models to NIST for risk evaluation and...more
As we head into the 2024 election season, Congress and the executive branch continue to advance various policies related to the Environmental Protection Agency (EPA). In addition to the Fiscal Year 2025 appropriation for the...more
A working group within the Commodity Futures Trading Commission (CFTC) released a report on May 2, 2024, concerning the risks posed by AI adoption in the derivatives market.
The report warns that the adoption of AI tools...more
The Bipartisan Senate AI Working Group, headed by Majority Leader Chuck Schumer (D-NY), Senator Mike Rounds (R-SD), Senator Martin Heinrich (D-NM), and Senator Todd Young (R-IN) released a roadmap for congressional AI policy....more
5/17/2024
/ Artificial Intelligence ,
Civil Rights Act ,
Copyright ,
Innovation ,
Intellectual Property Protection ,
Investment ,
National Security ,
Patent Trial and Appeal Board ,
Research and Development ,
The Copyright Act ,
Transparency ,
Unfair or Deceptive Trade Practices
President Joe Biden’s October 2023 Executive Order on AI directed agencies to institute a significant number of actions on AI. On April 29, 2024, the White House announced that federal agencies had completed “all of the...more
5/10/2024
/ Artificial Intelligence ,
Automated Decision Systems (ADS) ,
Automation Systems ,
Department of Energy (DOE) ,
Department of Health and Human Services (HHS) ,
Employment Discrimination ,
Equal Employment Opportunity Commission (EEOC) ,
Executive Orders ,
General Services Administration (GSA) ,
Healthcare ,
HUD ,
National Security ,
NIST ,
OPM ,
Research and Development ,
Rulemaking Process ,
State Labor Laws ,
Transmission Grid ,
USDA
President Joe Biden’s October 2023 Executive Order on AI directed agencies to institute a significant number of actions on AI. On April 29, 2024, the White House announced that federal agencies had completed “all of the...more
5/3/2024
/ Artificial Intelligence ,
Automated Decision Systems (ADS) ,
Bias ,
Biden Administration ,
Department of Energy (DOE) ,
Department of Labor (DOL) ,
Employment Discrimination ,
Executive Orders ,
Federal Contractors ,
Healthcare ,
Intellectual Property Litigation ,
Intellectual Property Protection ,
Labor Standards Enforcement ,
Machine Learning ,
National Security ,
NIST ,
OFCCP ,
Risk Management ,
Subcontractors ,
Transmission Grid
Pursuant to President Biden’s October 2023 executive order on AI, on April 11, 2024, the United States Patent and Trademark Office (USPTO or Office) published “Guidance on Use of Artificial Intelligence-Based Tools in...more
4/23/2024
/ Artificial Intelligence ,
Biden Administration ,
Confidential Information ,
Executive Orders ,
Exports ,
Inventions ,
Inventors ,
Licensing Rules ,
Machine Learning ,
New Guidance ,
Patents ,
Policies and Procedures ,
Regulatory Agenda ,
Regulatory Requirements ,
USPTO
Pursuant to President Biden’s October 2023 executive order on AI, in March 2024 the Office of Management and Budget issued a memorandum directing the use of AI by federal agencies.
Among other provisions, the memorandum...more
4/10/2024
/ Artificial Intelligence ,
Biden Administration ,
Biometric Information ,
Compliance ,
Due Diligence ,
Executive Orders ,
Information Governance ,
New Guidance ,
OMB ,
Reporting Requirements ,
Risk Management ,
Sustainability
President Joe Biden’s fiscal year (FY) 2025 budget proposal includes hundreds of millions of dollars allocated towards executive branch AI efforts.
The budget proposal’s AI-related provisions can be sorted into three...more
3/29/2024
/ Artificial Intelligence ,
Automation Systems ,
Biden Administration ,
Department of Agriculture ,
Department of Education ,
Department of Health and Human Services (HHS) ,
Department of Homeland Security (DHS) ,
Department of Justice (DOJ) ,
Department of Labor (DOL) ,
Executive Orders ,
Federal Budget ,
Fraud and Abuse ,
HUD ,
National Science Foundation ,
NHTSA ,
NIST ,
Research and Development ,
Risk Management ,
U.S. Commerce Department ,
U.S. Treasury
On March 13, 2024, the Carnegie Endowment for Peace hosted Federal Trade Commission (FTC or Commission) Chair Lina Khan for a panel entitled “The Future of American Innovation.” The panel discussion, which broadly concerned...more
Department of Justice (DOJ) Deputy Attorney General Lisa Monaco’s March 7, 2024, speech addressed the agency’s current enforcement stance towards AI.
In the speech, Monaco reiterated that there are no AI exemptions to the...more
3/15/2024
/ Artificial Intelligence ,
Compliance ,
Corporate Crimes ,
Department of Justice (DOJ) ,
Enforcement Actions ,
Federal Trade Commission (FTC) ,
Fraud ,
Market Manipulation ,
Price-Fixing ,
Sentencing ,
White Collar Crimes