5/7/2021 in Print & Online Coverage

AI Lending Discrimination Needs To Be Tackled With Legislation Says House Financial Services Chair (Forbes)

Artificial Intelligence (AI) discrimination in lending needs to be tackled with legislation, House Financial Services Committee Chair Maxine Waters (D-CA) said today.

“We cannot wait for (federal financial regulatory agencies) to do better. We have to force better,” she told a Financial Services AI Task Force hearing.