Political Quotes

On the recordDecember 4, 2023
Emerging technologies like artificial intelligence present new opportunities to make our financial system more secure, inclusive, and efficient.
Said by
Bill Foster
Democratic · Illinois

Editor's note · Context

Foster discusses the potential benefits and risks of AI in finance.

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Was there anything you wanted to add about the oil cap policy that you didn't have a chance to during the previous round of questioning?

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Many financial firms I talked to just told me that a reliable form of digital ID would really simplify the Anti-Money Laundering/Know Your Customer (AML/KYC) process, and make it faster, cheaper, and more reliable when they have to confirm…

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