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Senator reintroduces AI regulation bill during first hearing as chair of subcommittee • South Dakota Searchlight

U.S. Sen. Mike Rounds, R-South Dakota, speaks Aug. 12, 2024, at the David Lust Accelerator Building in Rapid City about federal housing funds awarded to the Black Hills area. (Seth Tupper/South Dakota Searchlight)U.S. Sen. Mike Rounds, R-South Dakota, reintroduced legislation Wednesday that he said would create “a safe space for experimentation” with artificial intelligence in the financial services industry. He made the remarks during his first…

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South Dakota Searchlight broke the news in on Wednesday, July 30, 2025.
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