Consumer Financial Protection Bureau (CFPB)

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U.S. consumer finance regulator

Speaks on: AI Ethics AI Governance AI Policy AI Regulation AI Risk

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Location: United States

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Require AI systems above a capability threshold to be interpretable

Consumer Financial Protection Bureau (CFPB) votes For and says:

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Today, the Consumer Financial Protection Bureau (CFPB) confirmed that federal anti-discrimination law requires companies to explain to applicants the specific reasons for denying an application for credit or taking other adverse actions, even if the ...
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added 8mo ago