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Bipartisan bill to promote AI in US financial services introduced in Congress

By Neil Roland ( July 30, 2025, 20:59 GMT | Insight) -- A bipartisan bill to promote artificial intelligence in financial services was introduced in the US House and Senate. The legislation seeks to advance AI through regulatory sandboxes for test projects bringing together federal financial regulators, the private sector and innovators. “The financial services industry has been using AI for decades, but companies must have the opportunity to innovate as major advancements continue to develop,” said Senator Mike Rounds, a South Dakota Republican leading the effort in the Senate.A bipartisan bill to promote artificial intelligence in financial services was introduced in the US House and Senate....

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