The U.S. Department of the Treasury, through the Office of the Financial Stability Oversight Council (FSOC) and the Artificial Intelligence Transformation Office (AITO), launched the Artificial Intelligence Innovation Series, a public-private initiative focused on how artificial intelligence is deployed and overseen in the U.S. financial system. The series will convene four roundtables with financial institutions, technology firms, regulators and experts to identify high-value AI use cases and practical approaches to scaling innovation while maintaining safety and soundness. Treasury highlighted that AI is increasingly embedded in core financial services functions including fraud detection, cybersecurity, credit underwriting and operational risk management, creating a need for governance, supervisory approaches and market practices to evolve alongside technological capability. In accompanying remarks, Treasury Secretary Scott Bessent indicated the department will continue evaluating regulatory frameworks and enforcement policies to enable U.S. financial sector leadership in AI adoption while preserving national security and long-term economic resilience.
U.S. Department of the Treasury 2026-03-23
U.S. Department of the Treasury launches AI Innovation Series with four public-private roundtables on financial sector AI adoption
The U.S. Department of the Treasury launched the Artificial Intelligence Innovation Series, a public-private initiative to explore AI deployment and oversight in the U.S. financial system. The series will include four roundtables with stakeholders to identify AI use cases and approaches to scaling innovation while ensuring safety. Treasury Secretary Scott Bessent emphasized the need for evolving governance and regulatory frameworks to support AI in financial services.