FAIRR Act

Summary

Official

Financial Artificial Intelligence Risk Reduction Act or the FAIRR Act This bill addresses the impact of artificial intelligence on financial markets. The bill requires the Financial Stability Oversight Council to coordinate with agencies regarding threats to the financial system posed by artificial intelligence, including the use of false representations of the...

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Bill Progress

Committee is reviewing, marking up, or holding hearings on the bill

Introduced(12/18/23)

Committee

Passed House

Passed Senate

President

Law