Treasury Secretary Janet Yellen speaks during the Financial Stability Oversight Council Conference on Artificial Intelligence and Financial Stability on June 6, 2024 in Washington, D.C. During her remarks Yellen spoke on the future impact of artificial intelligence on the economy. (Photo by Anna Moneymaker/Getty Images)
Key objectives of the group include documenting effective practices for managing cloud third-party risk and developing guidance for institutions looking to adopt the technology.
A Wall St sign hangs at the New York Stock Exchange (NYSE) at Wall Street on March 23, 2021 in New York City. (Photo by ANGELA WEISS/AFP via Getty Images)
ARLINGTON, VIRGINIA – APRIL 24: U.S. Treasury Secretary Steven Mnuchin addresses a conference on financial technology, or fintech, at the Federal Deposit Insurance Corporation April 24, 2019 in Arlington, Virginia. The FDIC and Duke University’s Fuqua School of Business and Innovation and Entrepreneurship Initiative hosted conference on “Fintech and the Future of Banking.” (Photo by Chip Somodevilla/Getty Images)
Acting Homeland Security Secretary Chad Wolf meets with Veterans Affairs Secretary Robert Wilkie, FEMA Administrator Pete Gaynor, and other officials at FEMA’s National Response Coordination Center to discuss the ongoing fight against the coronavirus. (DHS / Tara A. Molle)
The House Financial Services Committee's leadership is pushing legislation to standardize data at eight agencies, paving the way for RegTech and AI apps.