Pipeline · Bill → Law
Step 1
Introduced
Sep 28, 2023
Step 2
Referred
Sep 28, 2023
Financial Services
Step 3
Committee
Step 4
House floor
Step 5
Senate
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS Summary
This bill establishes the Task Force on Artificial Intelligence in the Financial Services Sector. Members include representatives from the Department of the Treasury, the Federal Reserve Board, the Federal Deposit Insurance Corporation, and the National Credit Union Administration. The task force must report on (1) how banks and credit unions prevent fraud that utilizes artificial intelligence, (2) best practices for financial institutions to protect their customers, and (3) related legislative and regulatory recommendations.
Timeline · 2 actions
Sep 28, 2023
Introduced in House
Sep 28, 2023
Referred to the House Committee on Financial Services.