Tag Archives: crisis

SEC Boss Says AI-Triggered Financial Crisis ‘Nearly Unavoidable’ Without Regulation

United States Securities and Exchange Commission (SEC) Chair Gary Gensler believes a financial crisis stemming from the widespread use of artificial intelligence (AI) is “nearly unavoidable” without swift intervention by regulators. In an interview with the Financial Times, Mr. Gensler outlined why, in his opinion, regulators must quickly find a …

Read More »

Israel war adds urgency to US Republican House speaker crisis

WASHINGTON, Oct 8 (Reuters) – Republicans in the U.S. House of Representatives face new pressure to select a speaker after Israel declared war on Sunday, following a rare attack by Hamas militants that has prompted calls for more U.S. military aid. Some Republicans, including Representative Jim Jordan, a top candidate for the job, also …

Read More »

California Adopts New Regulations to Address Home Insurance Crisis

Policy adaptations announced Sept. 21 by the California Department of Insurance aim to increase availability and bring insurers back to the state, following Gov. Gavin Newsom’s executive order (pdf), issued the same day, requesting the department’s commissioner act to address the state’s insurance crisis. “It is critical that California’s insurance …

Read More »
[tta_listen_btn]