December 5, 2023

ICBA comment on OMB proposed AI memo

ICBA shared feedback on the Office of Management and Budget’s Proposed Memorandum for the Heads of Executive Departments and Agencies. The OMB’s Proposed Memo establishes new agency requirements and guidance for artificial intelligence governance, innovation, and risk management, including through specific minimum risk management practices for uses of AI that impact the rights and safety of the public.