WATCH: RepMikeLawler questions Secretary Bessent on the Treasury’s efforts to create baseline standards for AI developers, to which he replies:

“… this began back in March, and we have engaged on a daily, weekly, and monthly basis. We began with the largest banks and with their Chief Information Officers with their leadership, and we have transferred much of that the into Project Gold Eagle, which is a a clearinghouse for everything that we learn about resiliency within this. And we continue to engage with them. And I can tell you that the financial sector — from the largest banks to the smallest banks, from domestic banks to international banks — have been very good partners and they are working on resiliency.”

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