American Banker | AI, Black Boxes and Bias: The Impact of the White House’s Executive Order

Both the Senate and House are in session this week. The House will focus on legislation that would counter President Biden’s climate policies as well as promote domestic energy production. Lawmakers are also still trying to finalize an agreement on the remaining six appropriations bills, set to expire on Friday, though it was reported that the only unresolved funding bill is for the Department of Homeland Security.

Keep up with what’s happening in privacy, data security, and all things cyber – from FTC rules on nonbanking institutions to Oregon’s new privacy laws to the EU-U.S. Data Privacy Framework – from our Privacy, Cyber & Data Strategy Group.

This article provides an overview of the EU Schufa decision and discusses impacted industries.

Jane Lucas and Brian Lee discuss how Congress and Tthe White House are grappling with how to further regulate artificial intelligence. 

Dan Felz is quoted on recommendations for federal agencies from the White House’s new Executive Order on artificial intelligence.