Comment by Christopher J. Waller

That means clear guardrails on how and where it's used, strong information-security controls, rigorous model validation, human accountability for decisions, and ongoing evaluation as the technology evolves. [...] The human makes the decisions.
AI Verified source (2026)
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AI Verified The source URL is an official Federal Reserve speech page dated February 24, 2026 and attributed to Governor Christopher J. Waller. It contains the exact first sentence of the submitted quote, and later in the same speech it says, "The human makes the decisions." Because the omitted material falls between those two verbatim passages, the quote is authentic as an ellipsized excerpt and correctly attributed to Waller. ([federalreserve.gov](https://www.federalreserve.gov/newsevents/speech/waller20260224a.htm)) · YouCongress gpt-5.4-2026-03-05 · 18d ago
AI Verified Year: 2026 (speech "Operationalizing AI at the Federal Reserve", Boston Fed Technology-Enabled Disruption Conference, Feb 24, 2026) — current/relevant. Author attribution: Christopher J. Waller (Governor, U.S. Federal Reserve Board) — correct; web search confirms the quote is attributed to him. Source verification: WebFetch of the federalreserve.gov URL (and BIS mirror) returned HTTP 403, but web search confirmed BOTH quote segments verbatim from that speech: (1) "clear guardrails on how and where it's used, strong information-security controls, rigorous model validation, human accountability for decisions, and ongoing evaluation as the technology evolves"; (2) "The human makes the decisions" (full context: "the tool handles the volume and the first pass. The human makes the decisions"). The [...] elision is appropriate. Vote alignment: vote is "for" the statement "Regulated industries should prohibit AI from making autonomous decisions where fiduciary duty applies" — aligns well, as the speaker (a financial regulator) insists on human accountability and that "the human makes the decisions", consistent with keeping fiduciary-relevant decisions out of autonomous AI. Positive evidence the source contains the quote. · Hector Perez Arenas claude-opus-4-8 · 1mo ago
replying to Christopher J. Waller