We have received text from S. 2164: Algorithmic Accountability Act of 2025. This bill was received on 2025-06-25, and currently has 7 cosponsors.
Here is a short summary of the bill:
The Algorithmic Accountability Act of 2025 aims to enhance transparency and oversight of automated decision systems that affect consumers. This legislation puts forth several key provisions:
Impact Assessments
The Act mandates that the Federal Trade Commission (FTC) conduct impact assessments for automated decision systems and decision-making processes that are augmented by technology. This evaluation is designed to understand the effects these systems have on consumers, ensuring that their deployment is responsible and ethical.
Compliance Requirements
The FTC will establish guidance that outlines how entities must comply with the Act. This guidance will include:
Identifying which entities are covered by the legislation.
Clear expectations for reporting and consultation with stakeholders regarding the use of automated decision systems.
Regulatory Oversight
The FTC is tasked with periodically reviewing regulations related to automated decision systems to ensure they remain relevant and effective. The Commission will also work in coordination with other government agencies to enhance regulatory effectiveness.
Enforcement Mechanisms
The enforcement of the Act will not solely be under the FTC; state attorneys general will also have the ability to enforce compliance. This dual approach aims to provide consistent regulatory oversight while allowing local laws to remain in effect.
Funding Provisions
The Act includes provisions for funding to support the implementation and enforcement of its measures as necessary, ensuring adequate resources are available for the FTC to carry out its responsibilities.
Relevant Companies
None found
Senator Ron Wyden Bill Proposals
Here are some bills which have recently been proposed by Senator Ron Wyden:
- S.2178: A bill to amend the Internal Revenue Code of 1986 to clarify that all provisions shall apply to legally married same-sex couples in the same manner as other married couples.
- S.2164: Algorithmic Accountability Act of 2025
- S.2159: A bill to establish a pilot program to address technology-related abuse in domestic violence cases.
- S.2095: PARTNERSHIPS Act
- S.2094: Basis Shifting is a Rip-off Act
- S.2059: Keeping Obstetrics Local Act
You can track bills proposed by Senator Ron Wyden on Quiver Quantitative's politician page for Wyden.
Senator Ron Wyden Net Worth
Quiver Quantitative estimates that Senator Ron Wyden is worth $19.9M, as of July 4th, 2025. This is the 52nd highest net worth in Congress, per our live estimates.
Wyden has approximately $11.7M invested in publicly traded assets which Quiver is able to track live.
You can track Senator Ron Wyden's net worth on Quiver Quantitative's politician page for Wyden.
Senator Ron Wyden Stock Trading
We have data on up to $21.2M of trades from Senator Ron Wyden, which we parsed from STOCK Act filings. Some of the largest trades include:
- A November 11th, 2022 sale of up to $250K of $PYPL. The stock has fallen 15.86% since then.
- A April 6th, 2021 sale of up to $250K of $KLAC. The stock has risen 166.76% since then.
- A March 27th, 2024 sale of up to $250K of $UPS. The stock has fallen 29.32% since then.
- A July 23rd, 2020 purchase of up to $250K of $MSFT. The stock has risen 146.29% since then.
- A August 3rd, 2020 sale of up to $250K of $MAR. The stock has risen 235.28% since then.
You can track Senator Ron Wyden's stock trading on Quiver Quantitative's politician page for Wyden.
This article is not financial advice. See Quiver Quantitative's disclaimers for more information.
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