Fintech and AI Task Forces Reauthorized for 117th Congress by House Committee
Congresswoman
Maxine Waters, Chairwoman of the
House Financial Services Committee, has announced the reauthorization of the Financial Technology [Fintech] and Artificial Intelligence [AI] Task Forces for the 117th Congress. These two Task Forces are relatively new having emerged in the 116th Congress in 2019. The two entities seek to provide a forum for innovation in financial services.
Once again, Congressman
Bill Foster will chair the Task Force on AI.
Chairwoman Waters issued the following statement:
“I am very pleased to announce that our Task Forces on Financial Technology and Artificial Intelligence will continue their work examining emerging technologies in the financial services and housing industry. These Task Forces will investigate whether these technologies are serving the needs of consumers, investors, small businesses, and the American public, which is needed especially as we rec