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[ARTICLE · art-137475] src=ca.finance.yahoo.com ↗ pub= topic=ai-policy verified=true sentiment=· neutral

Fed's vice chair is trying to ensure banks protect themselves from AI risks

Federal Reserve Vice Chair of Supervision Michelle Bowman is working to secure the banking system against AI-related risks, including a partnership with Visa and Mastercard to guard against cyberattacks, Yahoo Finance Fed Correspondent Jennifer Schonberger reported. The effort focuses on ensuring banks protect themselves from the risks of AI use.

by read1 min views6 publishedSep 22, 2026
Fed's vice chair is trying to ensure banks protect themselves from AI risks
Image: Ca (auto-discovered)

Yahoo Finance Fed Correspondent Jennifer Schonberger joins Market Domination host Josh Lipton to report on the effort by Michelle Bowman, the Federal Reserve's vice chair of supervision, to secure the banking system against the risks of AI use, notably partnering with Visa (V) and MasterCard (MA) to guard against cyberattacks.

source & further reading
ca.finance.yahoo.com — original article Australia PM Albanese says OpenAI agent breached government website in June How Qualcomm is targeting agentic AI with its 2 new smartphone chips Meta's Muse is an impressively capable AI agent, despite some hiccups
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