Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, launched a formal Request for Information (RFI) inviting consumer advocates, industry experts, regulators, and the public to submit feedback on the use of Artificial Intelligence (AI) in the financial marketplace.  The RFI is part of the Committee's ongoing work to examine how AI… Read more »

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following statement during a full Committee hearing entitled, “From Principles to Policy: Enabling 21st Century AI Innovation in Financial Services.” “Thank you very much, Mr. Chairman. AI is already embedding in the lives of millions of Americans, and we have a duty to… Read more »

Report comes during shocking housing affordability crisis and Trump Administration actions to make housing more expensive Government watchdog report highlights how the real estate industry’s use of artificial intelligence and PropTech can distort housing prices, perpetuate housing discrimination, reduce market transparency, and limit access to credit. Full Report (PDF) Today, the… Read more »