05/02/2021
https://congress.gov...
"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 ..."
"I am happy to see FSOC identify artificial intelligence as an area of concern for the financial system."
"If you find you need any specific encouragement from Congress, I think there will be bipartisan support for that."
"In fact, last November, a cybersecurity breach of third-party service providers disrupted the operations of 60 credit unions across 40 States."