In a move to modernize financial reporting to the government and enable AI capabilities across new data sets, Reps. Carolyn Maloney, D-N.Y., and Patrick McHenry, R-N.C., introduced a bill on May 4 that would make the information reported to Federal financial regulatory agencies electronically searchable. […]

The Government Accountability Office (GAO) is recommending that the Treasury Department take steps – in coordination with the Department of Homeland Security and others – to better track and prioritize cyber risk mitigation efforts across the financial services sector. […]