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GRIP Extra: US bank regulators scrap leveraged lending guidance, CFTC greenlights spot crypto products

Montage of rush hour with a man walking across the road.
GRIP Montage: Getty Images

Our in-brief roundup of notable stories from the last week.

United States

AI

HHS unveiled a department-wide Artificial Intelligence Strategy.

A bipartisan group of US senators introduced the Secure and Feasible Exports (SAFE) CHIPS Act, tightening AI chip export controls to China, Russia, Iran, and North Korea.

Data/cybersecurity

More data breaches at third-party providers serving financial services firms were