Danielle Mccoy on governance
From Governance, Ethics, and Safety: Delivering the Promise of AI with Danielle McCoy · · Fannie Mae
“You have to create a lot of governance structures around AI; more importantly though you need to create a culture for the people that are using it in the company.”
On , Danielle Mccoy, Senior Vice President, General Counsel & Corporate Secretary at FEDERAL NATIONAL MORTGA ASSN, spoke about governance during Governance, Ethics, and Safety: Delivering the Promise of AI with Danielle McCoy on Fannie Mae.
About Danielle Mccoy
Danielle McCoy, Senior Vice President, General Counsel & Corporate Secretary at Fannie Mae, discussed the risks and governance of artificial intelligence in a March 2025 appearance. She stated that AI and generative AI pose legal risks such as privacy, bias, and intellectual property concerns, as well as risks like hallucination and misuse by bad actors for fraud or deepfakes that harm cybersecurity. McCoy emphasized the need to create governance structures around AI and, more importantly, to establish a culture for employees using the technology. McCoy noted that one of the first steps her organization took was to develop ethical principles for AI use. She said these principles incorporate regulations and best practices to guide employee behavior with AI.