WASHINGTON— The Financial Stability Oversight Council’s Office and the Treasury Department’s Artificial Intelligence Transformation Office have launched a new public-private “AI Innovation Series,” a four-roundtable initiative Treasury said is designed to help financial institutions, technology firms and regulators identify high-value AI use cases while preserving safety, soundness and resilience across the U.S. financial system.
Treasury said the effort comes as artificial intelligence becomes more deeply embedded in core financial services functions, including fraud detection, cybersecurity, credit underwriting and operational risk management, with the stated goal of making sure governance, supervisory approaches and market practices keep pace as adoption accelerates.
In announcing the series, Treasury Secretary Scott Bessent framed AI adoption as a financial stability and economic security issue, saying the department is shifting “from a posture focused on constraint” to one that also treats failure to adopt productivity-enhancing technology as a risk. Bessent said Treasury will continue reviewing regulatory frameworks and enforcement policies to support U.S. leadership in financial-sector AI adoption while also protecting national security and long-term economic resilience.
Deputy Assistant Secretary for FSOC Christina Skinner and Treasury Chief AI Officer Paras Malik both emphasized that AI is moving beyond experimentation and into enterprise-wide deployment, with the roundtables intended to focus on practical ways to scale innovation without undermining oversight. Treasury said the discussions will bring together institutions, regulators and outside specialists to explore how AI can strengthen fraud prevention, credit allocation and operational resilience as its use expands across financial markets.