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Finance & Banking · 4 min read

Federal Regulators Are Grilling Banks on AI in Every Exam — and Most Banks Are Failing

The Fed, OCC, and FDIC now probe AI governance in every exam cycle. A June 2026 survey found 72% of banks can't demonstrate AI failure controls on demand — and generative AI has outpaced the SR 26-2 guidance meant to govern it.

6d ago

Government & Policy · 4 min read

U.S. Bank Examiners Ramp Up AI Pressure — Third-Party Vendors Now in the Crosshairs

U.S. banking regulators are escalating AI examinations at financial institutions, pressing banks on vendor AI risk. A survey found 72% of banks lack a formal AI model kill-switch protocol.

Jun 13

Real Estate & Construction · 4 min read

The AI Data Center Boom Is Already Driving Up Bay Area Rents. Oakland Documents the Damage.

An Oaklandside investigation documents how AI firm expansion is driving rent increases and displacing small businesses, with AI companies already occupying 17 million square feet across the Bay Area.

Jun 6

Legal & Compliance · 3 min read

The OCC Just Put AI Governance on Every Bank's Compliance Agenda

The country's top bank regulator just declared AI is "significantly transforming" cybersecurity—and banks that can't document their AI decision-making are now squarely in regulators' crosshairs.

May 22

Government & Policy · 3 min read

Federal Regulators Carve Out Generative and Agentic AI from Model Risk Rules

The Federal Reserve, OCC, and FDIC have amended their joint model risk management guidance to explicitly exempt generative and agentic AI, giving banks a compliance green light to accelerate AI adoption—but leaving a governance gap critics say remains unfilled.

May 6

Work & Labor · 4 min read

White-Collar Workers Now Lead AI Displacement Risk as New Analysis Maps Job Exposure

White-collar knowledge workers now carry the highest AI displacement risk in the U.S. economy — and women represent 86% of the most exposed occupations, per a Washington Post analysis.

May 1