The House Financial Services Committee Taskforce on Financial Technology considered the implications of central bank digital currencies as they pertain to (i) trade-offs in the design of different technological infrastructures, (ii) consumer privacy and (iii) increased access to financial services.
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On December 6, 2019, experts testified before the House Financial Services Committee on the impact of artificial intelligence on investing, the financial services workforce, and compliance and risk management.
U.S. Assistant Attorney General Brian A. Benczkowski advocated for policies that facilitate the cross-border transfer of critical information among law enforcement agencies investigating multinational criminal cyber networks.
Experts testified before the House Financial Services Committee on the impact of artificial intelligence on investing, the financial services workforce, and compliance and risk management.
The Senate Banking Committee considered data protection and other concerns raised about the consolidated audit trail system.