Compliance Stuff

On June 4, 2026, Representatives Jay Obernolte and Lori Trahan released a discussion draft of the Great American Artificial Intelligence Act (GAAIA). The proposal has generated significant attention, but many organizations may be overestimating its practical significance for their day-to-day operations. The bill is directed primarily at developers of “frontier” AI models, so for most companies using AI models in their daily operations, these requirements will not apply. Nonetheless, the bill has sparked conversation—it incorporates multiple bipartisan bills on AI, its drafters wrote an op-ed calling on the U.S. to create a national framework covering AI, and the U.S. House Democratic Commission on AI and the Innovation Economy released a statement that the draft “does not meet the enormity of the moment.” Key Takeaways The bill is primarily aimed at the biggest AI developers with more than $500 million in revenue that are building cutting-edge AI models rather than most typical busine...

New York has officially joined California at the forefront of US artificial intelligence regulation. Governor Kathy Hochul just signed a revised version of the Responsible AI Safety and Education Act (RAISE Act) into law on Friday, establishing strict safety obligations for developers of the most advanced AI systems. The final law is narrower and less punitive than the version passed in June, but still marks one of the most consequential state AI safety laws enacted to date . Here’s what businesses need to know about what actually became law – and some specific steps you can take in 2026 to prepare for the January 1, 2027 effective date. AI Regulation Focused on Catastrophic Risk: Who is Covered? Unlike most state AI laws and proposed laws that focus on bias, discrimination, or consumer deception, New York’s RAISE Act targets a very specific risk category: catastrophic harm caused by highly capable AI systems. The law applies to “frontier models,” the largest and most advanced AI sys...

The White House just released an AI action plan identifying more than 90 federal policy goals that aim to create a roadmap for achieving “global AI dominance” in innovation, infrastructure, and international diplomacy and security. America’s AI Action Plan will have a huge impact not only on AI developers and the tech sector but also on many employers and employees throughout the US workforce. How will the plan impact your operations? We’ll give you some quick background and 10 things all employers need to know. Quick Background: The Trump Administration’s Sweeping Shift in AI Policy One of President Donald Trump’s first executive actions of his second term was revoking a  Biden-era AI policy , which had aimed to ensure safe and ethical AI deployment , created a slew of new government offices and task forces, and focused on job protections and providing workers with assistance when jobs were eliminated by AI advancements. Trump then quickly issued a  new executive order  ...

New York could soon jump into the lead of the national AI regulation race. With broad bipartisan support, state lawmakers passed the groundbreaking  Responsible AI Safety and Education Act  (RAISE Act) on June 12, aimed squarely to prevent catastrophic harm by advanced AI systems. If Governor Hochul signs the bill into law, New York will become the first state to impose enforceable AI safety standards on powerful “frontier models.” Here’s what your business needs to know. 💥 FP’s AI Conference will focus on the future of AI regulation and what your business needs to do to prepare. We’ll hear from two members of the bipartisan House Task Force on AI, as well as state lawmakers and analysts –  register now  to hear first-hand about AI regulation and much more! A High-Stakes New Frontier for AI Regulation Unlike other state-level AI efforts that focus on bias, discrimination, or consumer protection, the RAISE Act ( AB 6453 ) zeroes in on a very specific risk profile: c...