Republican state AGs warn Treasury on ‘politicized’ regulation of AI under Biden ‘equity’ agenda

Republican attorneys general from 15 states are warning the Treasury Department against applying what they criticize as the Biden administration’s “activist” agenda on equity and environmental issues to artificial intelligence, saying the department should promote innovation and that financial regulators have plenty of tools for addressing potential AI harms under existing laws.

“We, the undersigned Attorneys General, enforce consumer protection and antitrust laws. These laws provide critical protection for consumers, and we have not hesitated to use them against financial...