On June 2, 2026, President Donald Trump signed a new executive order (EO) addressing the intersection of artificial intelligence and cybersecurity. This EO has direct implications for AI developers, critical infrastructure companies, and any business operating at the intersection of AI and cybersecurity. The EO directs federal agencies to take a series of actions (many within 30 to 60 days) with the purposes of upgrading …
The New Colorado AI Act: What Financial Institutions Need to Know
Colorado recently upended its landmark artificial intelligence legislation, just a month before the bill’s effective date and with days left in the legislative session. Senate Bill 26-189 (SB 189) repeals and replaces Senate Bill 24-205, the 2024 law that first established Colorado’s AI legislative framework, with a substantially narrowed scope, and pushes back the effective date to January 1, 2027. SB 189 contains a restructured …
Busy Week for AI: FCA Reopens AI Input Zone, Regulators Issue Statement on Frontier AI Cyber Risks
May 2026 has brought a flurry of AI-related activity from the UK’s financial regulators. On 14 May, the Financial Conduct Authority (FCA) reopened its AI Input Zone to collect stakeholder views on good and poor practice in AI use cases in financial services. The following day, the Bank of England, FCA and HM Treasury published a joint statement on frontier AI models and cyber resilience. …
Fannie Mae Issues AI/ML Governance Framework for Sellers and Servicers
Fannie Mae recently issued Lender Letter LL-2026-04 (Fannie Mae letter), which sets forth a governance framework for Fannie Mae single-family sellers and servicers using artificial intelligence and machine learning (AI/ML) in their origination and servicing practices. The requirements will take effect on August 6, 2026. The Fannie Mae letter builds upon prior Freddie Mac updates to its Seller/Servicer Guide on the same topic (Freddie Mac …
US Treasury Releases New AI Risk Management Resources for Financial Institutions
The US Department of the Treasury recently announced two new resources to assist with the adoption of artificial intelligence (AI) in the financial services sector. The resources were developed by the Artificial Intelligence Executive Oversight Group (AIEOG), a public-private partnership between Treasury’s Financial and Banking Information Infrastructure Committee and the nonprofit Financial Services Sector Coordinating Council. They are part of a broader initiative to improve …
Showdown: New Executive Order Puts Federal Government and States on a Collision Course Over AI Regulation
Last week, the White House issued a new executive order (EO) seeking to limit states’ regulation of artificial intelligence (AI) and instead create a uniform national AI policy. The EO does not preempt state AI laws, but it mobilizes federal agencies to take actions that may curtail state efforts to enforce their laws and regulate AI. The EO directs the Justice Department to create a …