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Under President Joe Biden, the federal bank regulators have been cautious about the proliferation of digital assets around the banking system.

News: New Dems seek AI assurances from White House

The leaders of the New Democrat Coalition’s artificial intelligence working group are publicly backing the White House’s latest AI executive order.

In a new letter, Reps. Haley Stevens (D-Mich.) and Derek Kilmer (D-Wash.) are also requesting information from the White House Office of Science and Technology Policy on how the executive order’s priorities are being implemented.

Stevens and Kilmer said in a statement that they want to ensure “the responsible development and deployment of artificial intelligence.” The letter, signed by 38 other New Dems, seeks assurances that the White House is coordinating interagency AI regulation, prioritizing diversity and focusing on reskilling and upskilling American workers.

The letter is a good sense of where most Democrats are on the issue of AI. For much more on all things AI, check out our new special project page here.

— Max Cohen

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