Sen. Rounds highlights financial sector ‘sandbox’ bill in AI package for NDAA inclusion

The Unleashing AI Innovation in Financial Services Act is one of five bills Sen. Mike Rounds (R-SD) is working to advance alongside the annual defense authorization legislation that is considered must-pass this fall.

Rounds is a member of Majority Leader Charles Schumer’s (D-NY) AI working group that held a series of meetings with stakeholders last year and issued a roadmap in May for passing legislation to govern the technology. He is also ranking member of an Armed Services subcommittee and...