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Senate Banking Subcommittee Chairman Rounds Issues Opening Statement at Hearing on AI Role in Capital, Insurance Markets
August 27, 2025
WASHINGTON, Aug. 27 -- Sen. Mike Rounds, R-South Dakota, chairman of the Senate Banking, Housing and Urban Affairs Subcommittee on Securities, Insurance and Investment, released the following opening statement from a July 30, 2025, hearing entitled "Guardrails and Growth: AI's Role in Capital and Insurance Markets":

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Good morning. I'd like to call this hearing of the Securities, Insurance, and Investment Subcommittee to order.

I wan . . .

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