Ted Kaouk, the agency’s chief AI and data officer, said the derivatives regulator is undergoing a “significant” overhaul of its oversight capabilities thanks to the emerging technology.
WASHINGTON, DC – JULY 27: Committee ranking member Rep. James Comer (R-KY) attends a House Oversight Committee hearing titled Examining the Practices and Profits of Gun Manufacturers in the Rayburn House Office Building. (Photo by Drew Angerer/Getty Images).
House Oversight and Accountability Committee members are co-sponsoring legislation that would consolidate existing AI laws and formalize federal governance of AI systems.