FTC AI policy statement due Tuesday, March 11
The FTC faces a hard deadline this Tuesday to publish its statement on how the FTC Act applies to AI models — and specifically whether state laws requiring alterations to AI “truthful outputs” are preempted by federal deceptive-practices law.

A leaked draft reportedly covers: AI-generated advertising, consent frameworks for training data, and automated decision-making transparency (credit scoring, underwriting, employment). This will be the first binding federal AI governance signal since Trump’s December 2025 executive order.

Why it matters: Depending on scope, this could effectively pre-empt California, Colorado, and Illinois state AI laws — reshaping the compliance landscape for every enterprise AI deployment in North America. Banks using AI in credit and underwriting should treat Tuesday as a material date.

Source: King & Spalding