Janet Yellen is worried about AI's potential threat to U.S. financial stability and says federal watchdogs should make averting disaster a top priority

Janet Yellen is worried about AI’s potential threat to U.S. financial stability and says federal watchdogs should make averting disaster a top priority – Canada Boosts

High US regulators view synthetic intelligence as a looming vulnerability for monetary stability, underscoring Washington’s mounting concern over systemic risks posed by the burgeoning expertise.   Treasury Secretary Janet Yellen on Thursday signaled that US watchdogs would make AI, and the threats it may pose, a prime precedence in 2024. In October, President Joe Biden…

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Janet Yellen says Trump's China policies left U.S. vulnerable and isolated in global economy

Janet Yellen says Trump’s China policies left U.S. vulnerable and isolated in global economy – Canada Boosts

Treasury Secretary Janet Yellen says former President Donald Trump ‘s insurance policies towards China left America “more vulnerable and more isolated” within the international financial system, a uncommon jab by her on the front-runner for the Republican presidential nomination. Yellen, in ready remarks to be delivered at a U.S.-China Enterprise Council occasion Thursday night time, says the…

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Yellen announces new sanctions in Mexico aimed at curbing fentanyl flows

Yellen announces new sanctions in Mexico aimed at curbing fentanyl flows By Reuters – Canada Boosts

© Reuters. FILE PHOTO: U.S. Treasury Secretary Janet Yellen and Mexico’s Finance Minister Rogelio Ramirez de la O maintain a bilateral assembly through the APEC (Asia-Pacific Financial Cooperation) Summit in San Francisco, California, U.S. November 12, 2023. REUTERS/Carlos By David Lawder MEXICO CITY (Reuters) – U.S. Treasury Secretary Janet Yellen on Wednesday introduced new sanctions…

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