The Treasury Department and the Office of the Financial Stability Oversight Council have launched the “Artificial Intelligence Innovation Series.”
The public-private initiative aims to bolster the strength of the U.S. financial system amid rapid technological advances. Artificial intelligence now permeates key financial functions, including fraud detection, cybersecurity, credit underwriting, and operational risk management. Regulators and institutions seek to adapt governance, supervision, and market practices as adoption grows.
Officials stressed AI’s role in economic security.
“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.”
The series features four roundtables that bring together financial institutions, technology firms, regulators, and experts. Participants will examine leading AI applications and strategies to drive innovation while upholding safety and soundness.
“AI adoption is not merely a question of technological modernization — it is critical to America’s financial stability and a precondition to economic growth,” said Deputy Assistant Secretary for FSOC Christina Skinner. “When institutions cannot deploy tools that improve fraud detection, credit allocation, and operational resilience, the system becomes less efficient and less secure.”
“AI is moving from experimentation to enterprise-wide integration, and disciplined implementation will determine its impact,” said Paras Malik, Treasury’s Chief AI Officer and Counselor to the Secretary. “The priority now is on operationalization, embedding AI into core workflows in ways that measurably enhance risk management and resilience.
Through the Innovation Series, we are convening regulators and industry leaders to ensure governance frameworks evolve alongside deployment and remain fit for purpose as AI becomes embedded across financial markets.”
