US House Financial Services Committee Chairman French Hill (R-AR), Rep. Richie Torres (D-NY), Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence Chairman Bryan Steil (R-WI), and Rep. Josh Gottheimer (D-NJ), alongside Senator Mike Rounds (R-SD), Senator Andy Kim (D-NJ), Senator Thom Tillis (R-NC), and Senator Martin Heinrich (D-NM) have introduced the Unleashing AI Innovation in Financial Services Act (H.R. 4801). This bill would promote AI in financial services through regulatory sandboxes for AI test projects at federal financial regulatory agencies.
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