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Mike Rounds: “The administration's 2025 AI Action Plan encourages the…”

Featuring: Mike Rounds, Republican | U.S. Senate South Dakota

Rounds Questions Paul Atkins at a Banking, Housing, and Urban Affairs Committee Hearing

Published February 12, 2026 | Video Starts at 04:20

I want to thank you for your commitment to returning the SEC to its core mission. Chairman Atkins. The administration's 2025 AI Action Plan encourages the development of regulatory sandboxes at independent agencies, including the SEC. This venue will allow SEC regulated entities, such as broker dealers, investment advisors, to test new AI tools under structured oversight. Now, I've introduced legislation with Senators Heinrich Kim and Tillis that would do just that, bipartisan legislation. (04:20–04:31)

CLAIM

Asserts that the 2025 AI Action Plan encourages regulatory sandboxes at agencies like the SEC.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.

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Mike Rounds

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Rounds Questions Paul Atkins at a Banking, Housing, and Urban Affairs Committee Hearing | Uploaded February 12, 2026 | 00:35-00:41
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Rounds Questions Paul Atkins at a Banking, Housing, and Urban Affairs Committee Hearing | Uploaded February 12, 2026 | 00:45-00:51
“Under the Biden administration, we saw securities regulation used to achieve some political and social objectives, often at the expense of…”
Rounds Questions Paul Atkins at a Banking, Housing, and Urban Affairs Committee Hearing | Uploaded February 12, 2026 | 04:05-04:15
“I've introduced legislation with Senators Heinrich Kim and Tillis that would do just that, bipartisan legislation.”
Rounds Questions Paul Atkins at a Banking, Housing, and Urban Affairs Committee Hearing | Uploaded February 12, 2026 | 04:40-04:49