Federal Reserve Governor Bowman announced that the Fed will closely monitor leverage levels within the artificial intelligence sector. This initiative aims to ensure that regulatory reforms align with the needs of U.S. banks. Bowman emphasized the importance of tailoring regulatory policies to the specific circumstances of each bank, highlighting broad support for the new pragmatic bank regulatory proposals. The Fed is committed to ensuring that regulators remain vigilant about associated risks. Additionally, Bowman noted that it is premature to determine the implications of the Iran war for the Fed.