Society
Guide to the Responsible Use of AI in Financial Services.
The testimony highlights the need to regulate the use of artificial intelligence in financial services to protect consumers from risks such as discrimination and lack of access to economic opportunities. Despite its advantages, implementation must be careful and ethical, with safeguards that ensure regulatory compliance and protect marginalized populations. It advocates for responsible and ethical use of AI in financial regulation to avoid widening the wealth gap.
September 23, 2025