(Treasury Dept.) The US Treasure Department launched an AI innovation series through the Office of the Financial Stability Oversight Council and the Treasury Department’s Artificial Intelligence Transformation Office. Over 4 roundtables, the public-private initiative will convene financial institutions, technology firms, regulators, and experts to explore high-value AI use cases.
“Economic security – the condition of having secure and resilient domestic production capacity – is core to financial stability, and leadership in AI adoption is a crucial component of economic security,” said U.S. Treasury Secretary Scott Bessent. “We are optimizing regulation to support growth for both Main Street and Wall Street: moving from a posture focused on constraint toward one that recognizes failure to adopt productivity-enhancing technology as its own risk. The Treasury Department will continue evaluating regulatory frameworks and enforcement policies to enable the U.S. financial sector’s leadership in AI adoption while preserving national security and long-term economic resilience.”
