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Artificial Intelligence Proposed Legislation Financial Services Industry

BakerHostetler

The Weekly Hill Update - June 2025

BakerHostetler on

Below is this week’s congressional update by BakerHostetler’s Federal Policy team. We’ll continue to post in weeks when both chambers of Congress are in session....more

Cozen O'Connor

The State AG Report – 05.22.2025

Cozen O'Connor on

Here are curated AG and federal regulatory news stories highlighting key areas in which state and federal regulators’ decisions are having an impact across the US: • FTC Preemptively Throws Flag on StubHub Ahead of Football...more

Sheppard Mullin Richter & Hampton LLP

Virginia Governor Vetoes Rate Cap and AI Regulation Bills

On March 25, Virginia Governor Glenn Youngkin vetoed two bills that sought to impose new restrictions on “high-risk” artificial intelligence (AI) systems and fintech lending partnerships. The vetoes reflect the Governor’s...more

BCLP

AI Regulation in 2025 - Has the UK Government’s Wait-and-See Gamble Played Off?

BCLP on

After a flurry of AI-related papers from the previous UK Conservative government and regulators in 2023 and the first half of 2024 (and the establishment of the UK’s AI Safety Institute and the AI Policy Directorate),...more

Blake, Cassels & Graydon LLP

Digital Policy Issues Face Uncertain Future After Prorogation of Parliament

On January 6, 2025, the federal parliamentary session ended when the Governor General of Canada accepted Prime Minister Justin Trudeau’s request to prorogue Parliament until March 24, 2025....more

Troutman Pepper Locke

U.S. Senator Rounds Introduces Legislation Aimed at Fostering AI Innovation in the Financial Services Industry

Troutman Pepper Locke on

On August 27, U.S. Senator Mike Rounds (R-SD) introduced the “Unleashing AI Innovation in Financial Services Act” (S. 4951), a bill aimed at fostering artificial intelligence (AI) innovation within the financial services...more

Mintz - Antitrust Viewpoints

Senator Rounds (R-SD) Unveils Five AI Bills for Congress to Consider After August Recess — AI: The Washington Report

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

Akin Gump Strauss Hauer & Feld LLP

Senate AI Working Group Releases Long-Anticipated Roadmap for AI Policy

On May 15, 2024, the Senate AI Working Group—Senate Majority Leader Chuck Schumer (D-NY) and Sens. Mike Rounds (R-SD), Todd Young (R-IN), and Martin Heinrich (D-NM)—issued their long-anticipated Roadmap for Artificial...more

Pillsbury Winthrop Shaw Pittman LLP

Congress Continues to Address AI in Bipartisan Fashion, Launching House AI Task Force as Latest Step

House leadership announced the launch of the Task Force on Artificial Intelligence (AI), a bipartisan group that will develop a report outlining AI regulatory priorities and setting guiding principles to help shape the AI...more

Robinson+Cole Data Privacy + Security Insider

State Legislatures Eye AI Regulation

A growing number of states have enacted laws this year to study artificial intelligence (AI), ahead of possible legislative action to address expected threats to jobs, civil liberties, and property rights with the emerging...more

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